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This Quarter's Sentiment:
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SocialPicks Community
Management matters
LEH
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It looks like the government is involved in yet another bailout. I don't know when these will end, but as a taxpayer, I hope that it's soon. Lehman can't survive alone after all, no matter what lies Dick Fuld or his subordinates say. Having honest, shareholder-friendly management is really important. Unfortunately, it usually takes a fraud or a bankruptcy to recognize this. I like to think of the CEO of a company as my partner. If I can't trust him/her, then I shouldn't do business with them. I don't know how anybody can trust Dick Fuld after months of lies and obfuscations.
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LEH
LEH
Lehman Brothers: What is wrong now
LEH
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Dick Fuld is widely rumored to be shopping far and wide for buyers of all of Lehman and abandoning earlier efforts to spin/split/sell the crown jewels in order to stay independent. Sounds great right? So why is the stock hitting new lows? eh...maybe not so great when you consider what would be left after a sell. What Dick needed was an aggressive buyer willing to pay top dollar. The only real problem is that noone is exactly aggressive anymore. They jumped a long time ago and Dick's timing has been poor. Now that Dick is willing to sell the entire firm the question remains:...
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Bearish on LEH ...
LEH
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LEH is trading like a failed company. With difficulties in selling off of parts of their business, access to capital remains key. They have moved up earnings announcements, which is another sign that this stock is in troubled waters. Like Fannie and Freddie, the market can't be that wrong...however there won't be a govt backstop for this stock.
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Fuld must go
LEH
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Lehman is a rathole. This will go down differently then Bear Stearns, but it will get uglier. This stock will rally once Dick Fuld is shown the door.
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Still calling a bottom?
- Lehman is going bankrupt and Merrill's going to be sold. Do people still think that you should be dipping your toes in financials?
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99.56% Gain. What a Meltdown
- I closed out my short position on LEH from $47. April 2008 this morning for a 99.56% gain. Yes, indeed, LEH had a few more surprises in its closet of h...
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99.56% Gain. What a Meltdown
- I closed out my short position on LEH from $47. April 2008 this morning for a 99.56% gain. Yes, indeed, LEH had a few more surprises in its closet of h...
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