Discussion in 'Stocks' started by forsalenyc, Sep 9, 2008.
only 1000 shares....hoping for a bad news lol
Still collapsing AH. This has been like a wet dream for me. lol
you must be a utter moron to hold this stock into overnight, especially naked short, after a 45% decline on panic, not to mention major news/announcement coming.
Even if the stock gaps down to $1 and you make a 100% return, it is still one of the most stupid moves in term of trading and risk/reward.
go ahead, shorting financials ahead of reports are a 'sure thing', you will learn
geez...that's why I just have 1000 shares..........
Bad stock to play with right now.
Not worth the risk.
My buddy bet me a grand that his shorts will double in value after tomorrow's news. We shall see.
Richard Bove, an analyst at Ladenburg Thalmann, predicted that the government would broker a private investment in or takeover of Lehman or one of its businesses overnight before the market opened on Wednesday.
you'll get raped playing leh over night....
I would strictly scalp it interaday... if that.
Id stay away from it.
I bought some more UYG again today around $21.80, sell off was on LEH news, any turn around in LEH tomorrow and UYG is back to $23+
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