I sold short 10,000 [[LAZ]] @ $37.25.
Disclaimer: If you sell short LAZ because of this post, the next time you go to the salon, your barber will cut your eyebrows off. And, you may lose money.
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I do not sanction this buy.
LAZ has no reason to exist. It should merge with FBR to create the ultimate bucket shop.
Brucie — How’s my boy Stevie doing?
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Glad to see you share my distaste for the FBR bucket runners. What I don’t get it is why an M&A shoppe would ever want to go public. I just don’t see the logic. Talk about an invitation to the regulators…
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VGdTfH