Heads up on LEH!

It broke the July low, but only went another 10 or so cents lower .... I'd prefer to wait for a bounce to short it.

I have enough financial shorts as it is, so if it does implode, I'll do well as a result of contagion
 
Do you think anyone is going to help them, won't happen now. Think about the guys who helped FRE,FNM. FNM went from 7.00$ to 50 cents. Just like Bear, its sucide to step in and help now.

Its all screwd up now.
 
Isnt the window open until after elections? How can they go out with the window? I'm not trying to say they wont go out, I'm not understanding.

I understand people are saying no moral hazard, especially in light of gse. But... they will close the window? Like today? Im not getting this, but price action.. wow.
 
Quote from Illum:

Isnt the window open until elections? How can they go out with the window? I'm not trying to say they wont go out, I'm not understanding.

I understand people are saying no moral hazard, especially in light of gse. But... they will close the window? Like today? Im not getting this, but price action.. wow.
More...

It speaks volumes to just how bad the current state of affaris are. A company with unlimited access to liquidity just a phone call away can still go bankrupt.
 
I always knew this but the real problem is this country is filled with overpaid thieving lowlife, who live way too well, and spend way too much.

You may be one of them. Probably are.

Ponzi.


The good life needs to be earned, and not one in 100 actually is worth what they are paid.

No one said anything, as 99 of them out of the 100 were benefiting.

Now you run for your lives.

Suggest you learn how to plant rice, and sell apples out of a pushcart. Your current skillset will not be needed shortly.



lol
 
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