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Opinion on  Lehman Brothers Holdings Inc (LEH)     Sector: Financial  >  Industry: Investment Services
Bearish on LEH ...

Jun 22, 2008 03:18 AM UTC

LEH:  This call was made on 06/22/08 @ $24.2
Rating:   Negative   $24.2 (06/22/08)
Gain/Loss:   n/a in 522 days


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runningturtle87   75%     1 point   commented 522 days ago reply

I really have no right to comment on this stock. I don't follow this end of the market, but I do look at macro-economics, and I wanted to point out that trends tend to kill the larger companies since they have a harder time steering. Once sentiment goes down hill, a move of funds can crush these guys. The market itself has breaks, but no single stock really does; it can go all the way to the bottom at one time. If BS gets dragged down further, and the fever hits, what is to say that the FEDs won't send in a team to look over everyone else? Wellcare just got a going through, and they hit bottom. Luckily, BS was already there, and might go again on fear. If so, these things could take LEH with it. IF the new FED rules find anything under the new regulations, we might be in for an even more bumpy ride here. Do you think even GS is invulnerable? If they were found to be cooking the books, it would take out MS and LEH at once. runningturtle87


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