Surely LEH will be bought, but at a more modest $5-$7 billion. From what I understand, everyone is scared stiff by Paulson's attitude, but come on, back room negotiations are rarely known until right before judgment day. LEH is too big, too important, and I've too many friends who work there saying it will be bought. If it manages to stay under $4 tomorrow, I'm buying myself a couple.
Overnight positions. But if you wanna get pedantic, it's more like 2000%+ maximum with index futures. Then you run into this concept called "risk control" which is the only real constraint on size. $25k is less than half what I made in a few days after buying that Jan 22 low, and far less than I bank most months, so your account size dig is just a tad off base too.
well, seems like you should not trade single stocks. LEH trades at $0.54 in Europe. You have the strange priviledge to become the largest 1 day loser on ET with ($640k). For you it probably make sense to wait for a miracle that there is still somebody left there buying out Lehman this week...
You got to be an IDIOT for buying LEH. This thing is going to be taken down sub $1 and decimalized to death. This is dead money and even more dead money if you choose to buy it here in the $3's. Don't be an idiot trying to pick bottoms for gods sake.
I'll tell you what will happen, Paulson will make sure Goldman has less competition on wall street. wink wink!