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Lehman is undervalued (Full)

June 6th, 2008 · No Comments

Lehman brothers fell at the end of today, and I unfortunately sold off all but 5 shares (for reasons i cannot explain other than to say I was trying to buy another stock right at the close, come back saturday to find out what it was (i need hits so i can get the adsense revenue). Lehmans value as of a moth ago was 25 billion, if you were to consider this as a base (where it settled to after the chance of drop) then the stock price to account for the 5 billion in share dilution would set the stock price at 37.

For a fighter like me

Me and Don King

Lehman seems like it has a bit of fight in it, so im going to promote it, buy lehman at 30 if i can get it.

It could go as low as 28 or 29 or float around 32.25 where i bought it 3 days ago, so if i were you, id be careful.

Tags: Foresight · Trades

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