How can there be a support level when LEH don't even know their real value? Sit on your hands until the next set of financials and hopefully there will be some light at the end of the tunnel.
LEH credit default swaps tighten 15bps http://www.reuters.com/article/marketsNews/idINN1230516320080612?rpc=44
anybody read that story on DJ newswire about how the Morgan Stanley analyst thinks the worst is over for financial stocks? what did you think of the reasoning in that article?
Leh is down today on an otherwise great day for most financials. This shows the poor investing sentiment out there surrounding them
I think now is the time to buy it. LEH is trying hard to provide more confidence to investors. I've seen LEH bottom out. I doubt it will break 21.50. I do think it should hit the high 20's in a few weeks.