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Re: norkel post# 7356

Sunday, 12/13/2009 1:06:43 AM

Sunday, December 13, 2009 1:06:43 AM

Post# of 10366
I already made 20k on LEHMQ and almost got my money back from WAMUQ. They usually follow each other and LEHMQ use to lead WAMUQ, now it's rotated. I think both situations are unique and different, but I'd say both will be much higher than where we are now.
I've got lots of shares and I'll get my investment out to ride the "free shares" just in case it turns for the worst. I actually believe both companies could have VRMLQ ability, but I honestly don't know.
I'd say WAMUQ was solivent and settlement could happen. Even if it doesn't happen, and the PPS falls I'd say the amount of shares shorted would create a POP and any investment could be recovered if you load up low and are ready on the POP. I was on a plane when my LEHMQ hit .30. I tried to sell big blocks the next day and they just kept lowering the bid. So I raised my ask and then sold 25k chuncks at .20-.24 instead of the .18-.16 that I had followed them down to.
I have LEHJQ and LEHMQ. Both are about the same price, but the JQ will have a better chance of getting paid. However the volume is in MQ, so if you believe in LEH, then JQ is best but if you're trading MQ is the way to go. Hence, why I have both. :)

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