short LEH overnite

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.
Bad trading.
Not worth the risk.

 

My buddy bet me a grand that his shorts will double in value after tomorrow's news. We shall see.

 

http://www.thestreet.com/story/10436550/1/lehman-in-free-fall-as-default-fears-mount.html

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....

either way!

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+