Popular press reported Bear Stearns officials bought puts before the $2.00 offer was revealed. I haven't seen anything where Bear Stearns execs got in trouble for this.
It seems LEH officials could short their own stock.
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Heads up on LEH!
- Thread starter Rearden Metal
- Start date
Popular press reported Bear Stearns officials bought puts before the $2.00 offer was revealed. I haven't seen anything where Bear Stearns execs got in trouble for this.
It seems LEH officials could short their own stock.
still could be a long way down. it hit 20 on March 17. besides high volume, are there any other tell-tale signs of a capitulation bottom?
I'll risk some money on LEH at around $2.00
It paid off on BSC.
It paid off on BSC.
Lets say you were a Bear Stearns official, or even a clearical secretary, and you got wind that the stock was going to $2.
Wouldnt you try to enlist the aid of a close friend to buy those puts or to short the stock?
If I was a Bear Stearns executive, I would enlist the aid of a close friend that is not related to my family and then go in on the trade with them.
This is how Jim Cramer does it so why should Bear Stearns be any different?
Wouldnt you try to enlist the aid of a close friend to buy those puts or to short the stock?
If I was a Bear Stearns executive, I would enlist the aid of a close friend that is not related to my family and then go in on the trade with them.
This is how Jim Cramer does it so why should Bear Stearns be any different?