Quote from flytiger:
Easy as pie. I doomed myself. lol
I've read compliance bulletins. The buyins start Monday or tuesday, depending on whom you believe.
Monday and Tuesday have the possibility of being the biggest up days in the market - ever. Not my words. But I believe there is that possiblity. The buyins, if they comply, and I think they will this time. will be humongous.
Don't concentrate just on REG sho. You can look at any heavily shorted stock, because they are failing those stocks consistantly, and hiding the fails in the 'x clearing' system, i.e . between each other. They never see the DTCC, that bastion of whoredom.
Have at it. Watch your setups, stay cautious, but any upside has JP4 in it. Any buyins in Overstock, no position, have always been huge spikes on volume, and then declines. But, this time, they might not have the apparatus in place to keep it down. It's all feel, as my Prom Date told me. Your call.
Good luck.
Quote from Daal:
In periods of high volatility we only hear from the people who made a killing. its like ET is always on the right side of the trades, common sense tells the truth is not being told. did anybody blew up here, what lessons did you learn, what changes are you going to make
Quote from LondonHedger:
What a pile of bull$hit
Quote from LondonHedger:
With LEH trading below $3.60 in the after-market, this is an incredible set-up for the greatest trade ever.
LEH is a great franchise and Wall Street will not let it fail for obvious systemic reasons, nor will it let it go the way of BSC. If it did, when will this run on the bank end? Who will the shorts crush next? MER? MS? GS?!?
I am convinced that LEH will be snapped up by a large financial institution for $20-25/share by Sunday. When this deal is announced LEH shares will run up to $35 in a massive short covering wave. This will send a clear signal that the financial sector is no longer fair game.