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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (84950)9/11/2008 11:49:23 AM
From: Think4Yourself  Read Replies (1) | Respond to of 116555
 
Aw, what the heck. Bought a chunk of LEH Sep 5 calls just in case. If it really is a case of solvency vs liquidity, as all the "experts" are saying, then the stock should be worth considerably more than $5 a share.

If not, then I just gave back a little of the profit from the puts.

I do agree something is going to happen, one way or another, in the next few days.



To: ajtj99 who wrote (84950)9/11/2008 6:00:14 PM
From: mishedlo  Respond to of 116555
 
GS does not want it.
Bloomberg mentioned it today (assuming it is not misdirection)
Perhaps it is on the right side of Lehman bets.

Mish