Lehman Brothers Holdings Inc. (fka LEHMQ)

[silly beaver]

I don't know, but I'm not here to scalp a penny or two there are much better places for my money than here. What I am looking for is anywhere from a 3-5 bagger and based on trading companies that have filed bankruptcy over the past 8 years there are some really nice tradeable bounces where you can make at least 3-5 times your money and sometimes if you're lucky 10-20 times your money but those usually are cases where there is hope for the common stock and you never know what can happen and even here no one knows what will happen, but as a trader you have to assume that it is worthless and not get your hopes up for a $10 buyout or something crazy like that, this is a nickel stock right now and this is the spot where I usually see a bottom in these kind of situations. Take a look at the chart of IndyMac (IDMC.PK) and you will see two really nice explosive bounces off bottom. From my experience two great bounces off bottom are usually what you get with these trades, so being greedy and looking for a third one you may or may not get it and if you do it won't be as good as the first two. JMHO