Anyone hear any news about this, I just heard it on CNBC. That's why you dont sell naked puts, he deserves it. On a second note, when do you think Bear Sterns becomes a buy? I've been watching this stock for quite sometime looking to invest, never pulled the trigger, almost bought 3k shares off the open, and that was a good idea to balk on those LOL. Now I feel like this stock is trying to catch a falling knife, you may see a good bounce with a nice 15-20% gain next week, but the risk reward is terrible. Any other opinions on buying this for the short-term or long-term?