When considering weather bottoms are in or not you should first try to understand what is driving the madness. To put it simply the market is wringing the leverage out of the market. The problem with the financial stocks is that they run highly leveraged balance sheets. Since the model is to borr...
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I closed out my short position on LEH from $47. April 2008 this morning for a 99.56% gain. Yes, indeed, LEH had a few more surprises in its closet of horrors. You can bet that more than a few other financial stocks will be close behind.
Do not underestimate the serious nature of the on going financi...
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As Jim Cramer would say Booya....or is it Boohoo? Really Jimbob, that was one of the worst calls of all time. Things aren't as bad as the seem they are worse!
This is no doubt a historic weekend. Merrill sold (at an amazing price), Lehman folds, AIG begging for Fed access. This is the bottom r...
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I closed out my short position on LEH from $47. April 2008 this morning for a 99.56% gain. Yes, indeed, LEH had a few more surprises in its closet of horrors. You can bet that more than a few other financial stocks will be close behind.
Do not underestimate the serious nature of the on going financi...
... more »
does anyone know what stocks they own? I know they have shares of AAPL, WMT, BAC...also know they were leasing from BOSTON properties...would be interestting to see how much of a dip we will see
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Two days ago on CNBC a former exec was on the show discussing his new bank venture (trivial). At the end they asked if he still owned the stock and he said of course. Something is there especially with all the money they are storing. Ride the rough waves back up to the top.
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LEH - The best question is - why would anyone want to own ANY financial stock here? LEH is DONE. Fini as anything more than a stock we want to trade. Window Dressing works both ways and as such LEH may very well get a beat down into the end of the quarter here. Having said that, I am looking for a...
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the CFO Callan took the fall for something that she came to late and had significantly less responsibility for than many others in the company.
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About Lehman Brothers Holdings Inc
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