Exposing Ideas to the Envelope of Serendipity

Contact moo at: bluechipbulldog@gmail.com

Sunday, August 30, 2009

Lazarus in Lehman is Rising?

Lazarus in Lehman is Rising?

Saturday, August 29, 2009

Lehman Brothers (LEHMQ.PK) Up 200% Friday

Thanks to a reader for alerting me on this action Friday - the shell known as bankrupt Lehman Brothers (LEHMQ.PK) which now trades on the pink sheets rallied a solid 200% Friday. And why not - fundamentals no longer matter; even having a functioning business is just an afterthought.

As long as you have a shell that one high frequency trading firm can trade with another (or if you are real clever, I assume the same HFT firm can work in the dark pools and trade among themselves to create "demand" - not that this would ever happen because its illegal) - and lo and behold you can attrack other HAL9000s and the retail trader in.

continue reading here.
blog comments powered by Disqus