Heads up on LEH!

[The Kin]

Quote from Rearden Metal:

Hmmm... LEH steadily dropping for a few days in a row, big volume on the OTM puts, Friday... we've seen this pattern before.

Hint: We've seen this in pattern in a stock containing the name of an animal that may or may not shit in the woods. I'm not predicting anything, but this is definitely worth watching very closely...

Less than 4 months later, LEH is no more. Excellent Call Mr. Rearden Metal.

 

[LEAPup]

Quote from The Kin:

Less than 4 months later, LEH is no more. Excellent Call Mr. Rearden Metal.

I was thinking the same! Great call Mr. Rearden Metal! Two thumbs up on the call!

 

[send_to_tony]

how is the volume of LEH?

 

[ElCubano]

halted....

edit ..barclay makes $85 offer............

 

[hilojack]

Quote from ElCubano:

halted....

edit ..barclay makes $85 offer............

I'd take an $ .85 offer right now. 4 bagger!

 

[Bootsie]

Quote from hilojack:

I'd take an $ .85 offer right now. 4 bagger!

I'm stuck long

:eek:

 

[GermanTrader]

Quote from Bootsie:

I'm stuck long

:eek:

Damn, that must suck!

 

[hilojack]

Quote from GermanTrader:

Damn, that must suck!

I know guys who have worked for LEH for over 25 years, and were forced to take portions of their bonus in restricted stock. One guy in particular lost about 50mil in this debacle.

 

[cuz69]

Quote from Bootsie:

I'm stuck long

:eek:

Oh Shit! Good Luck Dude...sorry to hear that

 

[LEAPup]

Quote from hilojack:

I know guys who have worked for LEH for over 25 years, and were forced to take portions of their bonus in restricted stock. One guy in particular lost about 50mil in this debacle.

OUCH!!!!!!!!!!:eek: :eek: