only 1000 shares....hoping for a bad news lol
short LEH overnite
- Thread starter forsalenyc
- Start date
you must be a utter moron to hold this stock into overnight, especially naked short, after a 45% decline on panic, not to mention major news/announcement coming.
Even if the stock gaps down to $1 and you make a 100% return, it is still one of the most stupid moves in term of trading and risk/reward.
Even if the stock gaps down to $1 and you make a 100% return, it is still one of the most stupid moves in term of trading and risk/reward.
geez...that's why I just have 1000 shares..........
Bad stock to play with right now.
Bad trading.
Not worth the risk.
Bad trading.
Not worth the risk.
My buddy bet me a grand that his shorts will double in value after tomorrow's news. We shall see.
http://www.thestreet.com/story/10436550/1/lehman-in-free-fall-as-default-fears-mount.html
Richard Bove, an analyst at Ladenburg Thalmann, predicted that the government would broker a private investment in or takeover of Lehman or one of its businesses overnight before the market opened on Wednesday.
Richard Bove, an analyst at Ladenburg Thalmann, predicted that the government would broker a private investment in or takeover of Lehman or one of its businesses overnight before the market opened on Wednesday.