Jefferies Group, Inc. (NYSE: JEF) has witnessed a slide that has been almost impossible to combat. The company has denied that it has excessive exposure to Europe and it even went as far as to release its obligations in a public presentation. It feels daily and weekly Jefferies is sold off now. Unfortunately, they have the term “Rumor Friday” for a reason. Shares are down almost 3% at $9.84 against a $9.50 to $27.12 range over the last 52-weeks.
Pressuring Jefferies (JEF)
By
Jon C. Ogg
Published
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About the Author
Jon C. Ogg →
Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.
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