Heads up on LEH!

Yo, datacruncher if you want free option research, go to www.schaeffersresearch.com , you can thank me later.

 

IV has almost doubled over the last week to 116% This seems very familiar.

 

Don't hold long positions over the weekend

 

short at 36.15. lets see how this works out

 

http://www.google.com/search?hl=en&q=lehman+rumors

 

Is this BSC Part II, or Put Sellers Feast Part XXXXXXVIIIIIII???

 

We will know soon

 

I could sworn all those talking heads said the ending of the credit crisis was NEAR, better hope so, another BSC and the markets could fall well below 11500. Dont think anything would be able to save the markets if there is another BSC II.

 

LEH bailout value $3.25.

 

The credit crises is so far from over. I would not be surprised if Warren B. loses all his investment in Prudential Realty and Wells fargo. Notes are selling at 6-10 cents on the dollar.

When these lenders acknowledge that fact they will have to admit they are insolvent.

I doubt BoA will even survive. Right now they are asking people to agree to sign a note for the full amount of the loan in order to release their lien on a short sale.

I bet their CFO is acting like there is nothing wrong with their loan portfolio. When in reality it is probably worth half of what they claim and still tanking every week.