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re: Lehman Watch Thread
Posted on 8/22/08 at 9:34 am to Doc Fenton
Posted on 8/22/08 at 9:34 am to Doc Fenton
LEH is up 15% this AM. Looks like a good time to buy some puts.
Rumor is Korea is buying them. Right............if they do, it will involve massive shareholder dilution.
Rumor is Korea is buying them. Right............if they do, it will involve massive shareholder dilution.
3
Posted on 8/22/08 at 9:54 am to MileHigh
I was actually considering some long dated Lehman calls last night, just on the premise that they might not be a zero.
Posted on 8/22/08 at 9:57 am to MileHigh
Read a post late last night that said it was SK an Japanese banks and that LEH was trying to dump off 50% of the company, but it fell through. Honestly, they've been shopping literally every single asset they own.
ETA: Post was just quoting a FT story that I somehow missed on Wed. Sorry for germans.
ETA: Post was just quoting a FT story that I somehow missed on Wed. Sorry for germans.
This post was edited on 8/22/08 at 10:00 am
Posted on 8/22/08 at 10:29 am to MileHigh
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