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S&P 500: 1,317.45 Change: +0.03%
Vet67to82
P&P Score: 0.31 | Points: -606.29 | Accuracy: 68.73 | Average Pick Score: -4.46   Annual Return: N/A  
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BUY: COWEN GROUP INC. (COWN) Rating: 2
Start Price: $4.77
Points: -73.05
Created: 05/26/2010
Possible takeover target. Cowen Group Inc (COWN) has specialties in mergers and restructuring, as well as an asset management business focusing on "hedge fund of funds." Cowen's top guy is the famed and legendary dealmaker Peter Cohen .... he may NOT want to sell ... unless he get's an offer that's just too good to refuse ....

1 Comment(s):

Author Vet67to82     Date 2011-04-12 15:43:15
Speculative addition ... selling below book value and cash per share. The cash per share could be used to pay down debt boosting earnings per share ... speculative one year DOUBLE!

Forward P/E (fye Dec 31, 2012)1: 7.14
PEg Ratio (5 yr expected)1: 1.18
Price/Sales (ttm): 1.36
Price/Book (mrq): 0.67
Total Cash (mrq): 624.58M
Total Cash Per Share (mrq): $8.45 (USD)
Book Value Per Share (mrq): 6.08
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