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Well shit, my skin is too thin today. I bailed at .36. I figured green is better than red even if it was only $150. Guess that's better than loosing $200. :cool: Now it's free to run up to $3 and laugh at me the whole way up. :D

Forgive my ignorance, but I have an abundance. :D I'm not following "They don't exist any longer and went bankrupt." Of course I realize they went bankrupt :D but LEH trades on OTC now as LEHMQ. I may just be missing something. I'm mot sure why or how but it's now up to the .36 range and...

I haven't looked, just saw it's climbing pretty slow and steady today. .32 so far. Think it's like others, deeply distressed just getting caught up in the pre-"bailout" energy?

Some of you guys are complete humorless dicks looking for every opportunity make yourself look smart in your own mind.... :cool: I could ask you the same thing, but I don't have to. :p

Hmm, ponder this conspiracy theorists. Could someone be pulling strings trying to keep the common down as low as possible for a pending buy-out/merger? Everyone wants to steal a deal these days, why not try to push the value down in hopes to buy cheaper based on emotional weakness? :D

I shoulda taken my own advice. :mad: And I was thinking, what a kick in the ass it would be to buy and see it jump to $2. :cool: If I could only navigate time..... :D

And in the middle of this bail out purgatory. You'd think they could wait a day or 2 until this bail out BS is closer to being done to see what they makes them look like vs. kicking them in the nuts for no good reason. :confused: If the bail out looks like it'll be a saving grace for...

:D Bingo. He can stop day trading the "same stock" every day though. If you're day trading, just don't do it with the same stock every day. Do it with different stock, or wait and do it once a week or so. I think that will keep you under the radar and not in violation.

So what you're telling us is that you're trading with an account that has a balance of less than $25k an that you really have no idea what the regulations are in regards to buying and selling the same stock every day. It's called a Pattern Day Trader and the SEC has restrictions/regulations...

I like chocolate milk. :D

Are you asking if you can short any stock at all on Monday? I hope that's not your question and you just neglected to detail the question better. :D

So, a deal is done with Barclay's. What are the thoughts???

Excellent point. I assume when people are talking about shorts in this climate/this week, they mean naked shorts. That's not always the case.

Mama's got a squeeze box......... :D

Wow, closed at $4.25. Now if it'll just not look back at that $4 mark and keep going. It's been a good day folks! Now time for a drink and a stogie and pretend I made a whole lot more than I did! Although, If I could do this once a week, I'd just move my trading desk to my new boat!!!! :D

Yes and no. The issues they had/have made and make them good targets to short and take down. They basically feed on the weak which makes it easy to create and spread panic. If they went after solid companies, they'd have a tougher time convincing the market and driving them down. Once...

I agree. At $2 I'd be more apt to let 50% of my position go at around $4 and get flat. If something happens to the upside, then start buying back in and you still have 50% in your pocket. If it goes the other way, you can get out with money in your pocket. I did that with SIRI years ago...

I'm watching too. I never thought I'd say I owns 1000 shares of LEH and am looking to make money if it hits prices equal to that of 2-3 shares per can of Coke. :D

It is tough and it's tougher to stick with a plan. I fucked up and listened to the "experts" on FRE and FNM a few weeks ago and got out taking a pretty big loss. Had I stuck with "my" plan it would have played out as I planned, 3-4 days later making me almost as much as I lost. I got into...

Shoulda bought 10-20k shares yesterday just in time for the party this AM. :D Weekend pocket money!! :cool: