Friday, June 13, 2008

Alert: LEH

We just got stopped out of LEH at 25.51 which reports Monday. The professionals will cover their shorts Monday morning. The volume on LEH is less than 5 million shares so it's probably the specialist doing his dirty work, in advance a plunger sponsored rally. Don't hold a short stock position over earnings. Buy one contract of June 17.5 put and don't worry about it.

Buy to open 1 contract LYHRW. Filled at .27

2 comments:

mike said...

LNN went up 11% friday

StockMarket -Implode said...

It's a scam. This was another Warren Buffett saves the day rumor. I got stopped out because I respect stops, but I will get back in. This stock is turning pink