BUY Citibank (C) ??

[altria89]

But don't blame me...Altria was the one who brought up possible shorting...lol

Seems to me that LEH is grasping at straws here...Isn't it always the same just before a stock craters?

lol good one IIC.

[IIC]

I wonder how the Lehman analysts rate LEH???...

Possibly a Super Duper Ultra Deluxe Strong Sell???

[IIC]

C upgraded LEH and LEH still stinks

[IIC]

UBS: http://online.wsj.com/article/SB1206...googlenews_wsj

[IIC]

C upgraded LEH and LEH still stinks

It never ends: http://www.reuters.com/article/compa...27912820080330



.

[altria89]

Ok off-topic with Citi for a second...MO just spun off with Phillip Morris International (PM). MO shares were brought down to 23 and PM shares are now over 53. They value them together at pessimistic $85 and optimistic $100. MO at 23 seems like a nice deal. What do you think?

[IIC]

Daily Bad News Report for LEH:

NEW YORK (Reuters) - Shares of Lehman Brothers Holdings Inc (LEH.N) dropped more than 5 percent to $35.26 after the bell on Monday as the Wall Street bank announced a plan to raise as much as $3 billion via the issuance of convertible preferred stock to bolster its balance sheet. ...

Down a buck a/h but was down almost 3 bux

[riverbabe]

Daily Bad News Report for LEH:

NEW YORK (Reuters) - Shares of Lehman Brothers Holdings Inc (LEH.N) dropped more than 5 percent to $35.26 after the bell on Monday as the Wall Street bank announced a plan to raise as much as $3 billion via the issuance of convertible preferred stock to bolster its balance sheet. ...

Down a buck a/h but was down almost 3 bux

Up 6.70 today on my short. Kraken got me double time!

[New-born baby]

Up 6.70 today on my short. Kraken got me double time!

I confess my ignorance, River, and since Spike is not a regular poster around here anymore . . . could you explain to this poor, ignorant trader: what is "Kraken?"

[jiesen]

This is Kraken:

[jiesen]

and the image was from the classic "Clash of the Titans"

http://www.vgmuseum.com/mrp/NewCV/cvlib-titanclash.htm

[IIC]

I backed up the truck today on LEH and C.....................APRIL FOOL'S

[altria89]

Does this rally continue for the rest of the week?

[IIC]

Does this rally continue for the rest of the week?

Honestly...I have no idea...But I'm not gonna hold my breath.

But since everything seems so wacko...I am considering looking at Day Trading some banks and brokers...Altho the minute I try it is probably when the bottom will fall out

[IIC]

I wouldn't get 2 excited...Look at the New Highs vs. New Lows http://finance.yahoo.com/advances