Joined Nov 10, 2007
23,458 Blog Posts
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I don’t know why I didn’t think of it before… you ALL gotta do sound!
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“I know what I am…”
LEH level 3 assets are marked to a can’t lose model. How can you fail when you made your own outcome?
Glorious victory for JJ2000426 that his article made the headline news, and PAL and SWC up hugely today:
http://seekingalpha.com/article/81291-recent-world-events-are-bullish-for-metals
C is going to break $21, get long.
GCO has been moving last three days.
DRYS is on fire. I’m too chicken to chase it.
Wrong, JJ!!
Dey are bote Mah-soop-ee-yalls!
Jake- Ryder Cup should be a good show this year. Zinger will be a good USA captain and will show much more emotion than previous USA captains and should fire them up.
Look at GNK. “Anudder music,” as my two year old would say.
TC — Not to mention all kinds of bourbon-infused red-neckery.
Those Brits will think they’re at a soccer match.
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C is going to break $21, get long
Are you throwing me the football, or just holding for the kick, Ms. Van Pelt?
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Just know, leeches, iBC is working on something so Godly, pertaining to equities, it might make your head pop off.
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(thinking hard, steam emitting from ears…gotta beeeee… Eureka!)
You got lead manager on the Vatican IPO??!!
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Jake, Thanks for the squeeze in MI 😛
Someday I am going to bring 1000 blades of death to MON. Just not anytime soon. But someday.
Calvin — FWIW, your “Moby Dick” — CRM — is looking to touch the hypotenuse of this ascending bearish triangle, again, at $75.00 or so. If it doesn’t break out there, it won’t take much of a break-down to be completely out of the triangle, at least until it hits the longer trend line again, at about $60.00.
Don’t ask me why it was on my screen this morning when I pulled up my charts, because I really have no recollection of looking at it. Odd, no?
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Cubs, glad to be of service. Just don’t hold it much past $20.40, or so. That’s where I’ll be hitting her hard, and I’m pretty sure I’ll have company.
You gotta be nimble with those shitty bank squeezes, man. I’d rather just be patient.
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Speaking of Mrs. Fibonacci, anyone want to guess where PNC’s 38% retrace line is?
Freaking. Unbelievable.
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The Fly is God
I think I just saw Danny at the US Open after Tiger’s second shot shouting “go in the hole”.
This is a first for me…
…The ‘Hooray it isn’t bankrupt rally’.
OK. So Lehman (LEH) didn’t go under over the weekend.
But here is where I think everyone has it wrong – and I have no position, so I’m not talking my book. The question everyone should be asking, in my humble opinion, is: ‘is it solvent?’
My short answer is that I don’t believe it is. When the CFO cannot price assets, there’s a problem. And given the sheer amount of bid lists out there that I have absolutely no idea how to put a level on, there is a problem. In fact, some of the items I see out for the bid, I don’t even know where to begin in the process of bidding them.
The other issue is that many Alt-A backed deals are being downgraded from AAA to in some cases, junk.
If you own more of those than you have capital, then you’re not solvent. Period. And LEH isn’t alone, folks.