I covered some of my [[LEH]] short, buying 5,000 @ $54.20.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Interesting. Any special reason, or was this just a cash management decision?
I ask as I’m short too, and do not see any reason to cover, specifically.
BSC buyout rumor. I will short LEH higher.
Ahh, that explains the ridiculous “shoot up” at 10 am or so.
Looks like it’s already being faded, however.
Bub-bye, Brudders Lehman.