19 cents/shr http://biz.yahoo.com/ap/080915/lehman_bankruptcy.html Sorry about that dude. But at least the execs at LEH made out ok...
Well, that's what y'all get when a Limey tries to do a Texas Hedge. Next time leave it to the big boys from the Lone Star State, understand? Now if any of you wanna buy something, don't go messin' with these hifalutin' "Investment" banks, ya hear? What use is 200 goddarn thousand share certificates and stuffed suits when the crapola is hitting the fan - not much, I tell ya. No, you wanna put your hard earned dollars into real assets - the kinda thing you can touch, and if you get a bit hungry...eat, or at least light a camp fire with. Oil, gas, sugar, corn, that kinda stuff. Seems to me with em all down big the last month or two, all those high IQ hedge fund gunslingers tried to do a Texas Hedge like old Limey here. Well I don't expect some New York city boys to Texas Hedge any better than a toothless Brit, and sure nuff that's how it played out. So, time to step up to the plate and see what y'all made of boys, commodities are on sale and if I were you I'd go get me some. Now, where'd I put my horse?
perhaps someone can post where londonhedger says that his lehman position was hedged. he probably lost alot less than 200k and may be up for the day.
Uh.............nope. Check again, he's not hedged. And i'm still offended that he called me a public toilet cleaner.