Lehman Brothers Holdings Inc. (LEH) could be next Bear Stearns to Collapse

Jun.09, 2008 in Market Outlook

I have said it before and I will say it again: An economy based on lies will eventually implode. The lies just keep getting more and more outrageous and ridiculous and the media have failed their readers by going along with the flow and being a ready and willing partner in the deliberate deception and hoodwinking of the general public. However the comments on this site show that Joe public is no longer as naive and trusting as you think. People are now beginning to ask questions and challenge the blatant lies and disinformation from Wall Street and the MSM. About time too.

Pulled this from an article on Forbes.com from 5/27. I guess that all this wasn’t unexpected.

Short Selling
Lehman’s Confidence Game
Liz Moyer, 05.27.08, 3:10 PM ET

“The bears are prowling around Lehman Brothers.

Though the stock has stabilized after falling 8% at the end of last week, bets that shares of the company will decline currently outpace bets that shares will gain by more than 7 to 1 in the options markets.

On Tuesday, the most-heavily traded of the bearish bets–called puts–were in $30 contracts expiring in June, meaning these traders see Lehman Brothers’ (nyse: LEH - news - people ) shares falling 16% in the next month. A reasonably large group sees the shares falling to $17.50 by then, and a limited number of contracts were out on $5 January options, according to data from Interactive Brokers.

Trading in puts Tuesday was practically calm compared with Friday, when volume nearly reached 200,000 contracts, according to Jon Najarian at Optionmonster.com. Still, 75,000 contracts were trading hands Tuesday, nearly double the normal levels. “Lehman is not out of the woods,” Najarian said.”

The rest of the article is here:

http://tinyurl.com/4njf7g

Look at LEH’s prevously earning projection is -0.22 and actual is over $5 share loss. what a huge different. How can we give them credit again to trust what they promise us on the earnings.

LEH is bearly holding shares above 28 and its kind of action won’t work cuz it is the only buyer but the funds all keep dumping its shares and dout its ability to turn profitable at next quarter as economy still suffering in recession. credit crsis and housing issue. this manipulation only bought them a bit more longer b4 this stock fall sharply. and it will surely fall fast unexpectally as leh completed its offering( probably in a lower price) for your own benefit, at least don;t try to be a buttom fisher.

Did you like this? If so, please bookmark it,