a company as big and renowned as LEHMAN does'nt get hit the way it has the past few day for no reason. its been knocked down tremendously from the highs so shorting yesterday was a huge gamble. something is seriously wrong and someone has fed insider info. no way would a hedge fund short so many shares after the stocks been hit like it has. its just too much of a risk without insider info. THEY KNOW SOMETHING!
I am still able to short thru Ameritrade so doesn't seem like there's a lot of shorts yet. I heard a few days before Bear Stearns went down, nobody could short because no shares were available.