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NobodezFool (83.10) Submitted: 7/31/07 6:37 PM : Start Price: $59.77 LEH Score: -63.89
The brokers have become too cheap to pass up. I may be a little early to the party, but the ratios on GS, LEH, JPM, etc. warrant adding them on what I believe is a correction, not the beginning of a bear market. These may hurt me in the next several weeks or months, but longterm, they are no brainers.
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nickinglis (74.84) Submitted: 8/24/07 11:34 AM
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Why not just short them until they become profitable and then long them? I pretty much agree with you, but I've got a different rating on LEH.
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cdulan (89.53) Submitted: 10/21/07 1:23 AM
Boy are you early. They have not even revealed their problems yet. It will be about 18 - 24 months before they will have their footing again. Right after housing bottoms and they have stopped taking hits from that overpriced debt.
cubanstockpicker (74.61) Submitted: 11/08/07 10:06 AM
Lehman brothers has kept the quietest of the bunch with the writedowns etc. They used to own a couple of B/C lenders that borrowed on anything. These fated subisidiaries names are BNC/ Aurora Lending. Both huge, rolling balls of subprime fecal matter.
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