LEH to report earnings tomorrow, WED 7:30am

[zdreg]

Quote from forsalenyc:

yeah I got the last NYSE price at $31 friday closing price.....then opened around $3.50 following monday.

long or short?

 

[Aaron Copland]

Quote from forsalenyc:

look at today's activity. LEH lost 45% of value. Personally, I think they were forced to move up......hard to believe, but urgency for survival.

Same thing happened to Bear, the market forced them to report early. They kept saying everything was fine, several firms said they were still doing business with Bear, The SEC chairman even said Bear has adequate capital, now think about that. The SEC is to protect the public from these goons and they are telling lies in favor of them.

The writing is on the wall!

 

[otcstockfund]

nice gap so far, congrats to all that went long at close yesterday

 

[jazzsax]

and yet again, two days in a row i wimped out at the close. Had I held, i'd be up double my portfolio.

thems the breaks!

 

[kxvid]

futures are not liking the news...

 

[m22au]

I not sure if it's too simplistic, but it seems like it could be "no asset sale done yet" = "sell it now while you can".

 

[forsalenyc]

Quote from zdreg:

long or short?

long....it had a huge buy imbalance on friday....I bought 1500 shares like at 3:59:50PM and threw it MOC and the spec printed almost 2 points above....that was fun

 

[just21]

If you are listening to the lehman conference call, they are playing music like at a funeral. link from www.lehman.com

 

[Daal]

IMO what spooked the market was the revenues. they are coming down hard

 

[DataCruncher]

LEH not marginable through Penson? or shortable?
anybody else experiencing this?