Is anyone betting on LEH reaching 5.50 at the end of the day?
How much will you buy 6.00/4:00 PM today puts for? I’m selling cheap.
JoeyDVivre Wrote: ------------------------------------------------------- > How much will you buy 6.00/4:00 PM today puts for? > I’m selling cheap. It seems investors’ sentiment is not that bad… LEH is currently trading at 8.50…JDV…are you bullish on LEH!?
Absolutely not. I think the company sucks and I can’t believe that anybody wants to own it (sorry to offend anybody). But if you’re paying enough, I’ll take just any side of just about any (legal) trade.
I think they suck too, and I work with them.
pimp Wrote: ------------------------------------------------------- > I think they suck too, and I work with them. Pimp…have you ever thought to short LEH shares? May be you will get a bigger amount compared to this year bonus
I had been working for them in their Fixed Income and Derivatives department for a year. The managers are professional but treat ppl like tools. Any initiative is punished. Most of ppl imitate work activity…
After market trading LEH drop continues 12% so far @ $6.85
They deserve it
when will they die?
trading at 4-handle in premarket…
Looks like the rug was pulled from under 5.50. Why didn’t it trade down like this yesterday? Same news nothing new.
Good thing those puts I sold expired at 4:00 PM yesterday or I’d be getting creamed. Whew.
Prob close under 4 today.
Moody’s call on LEH credit was dreary. All the analysts are piling in as well.