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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Doren who wrote (44496)9/16/2008 3:19:40 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57684
 
you're crazy. Barclays is getting a deal but shareholders will get nothing from those LEH shares.

Having said this there were cases in some BKs of the past like WCOM where you could have made a fortune watching that thing bounce around going up and down 75% every day.

If I were going to make a wild trade on a BK candidate I'd probably try AIG either long or short. It will go down again, try to get it at 2.



To: Doren who wrote (44496)9/16/2008 8:30:14 PM
From: Bill Harmond  Read Replies (1) | Respond to of 57684
 
Lots of assets LOTS of unpriceable debt.