Replies to post #49400 on Lehman Brothers Financial SA (LEHNQ)

[JERSEYHAWG]

Now there is a post with something tangible.
Notice I am the only reply.

To funny, thank you for reality.

[Joe Stocks]

FNMAS,
Sep 1, 2010 = $00.27!!
Mar 3, 2012 = $12.75!!

Thanks for proving my point. PPS does matter. When the future of FNMAS looked bad, the price sold low. As the story changed the PPS rose. FNMAS is at 9.97 as I type. Why did the price drop from $12.75, to $9.97? I would say that some uncertainty is starting to be priced in, as the ramp caused by the hedge fund buying and lawsuits wear off. If we look at the PPS action of the CTs one must be concerned that the market is not buying the payout theories being priced here. I am sure if the CTS had run from 40 cents to $5.00 right now hestheman would not be saying the PPS means nothing. You can't have it both ways - doesn't matter when it doesn't move, does when it does. Of course volume goes hand in hand with price action too in trying to predict PPS movement. If I was thinking that the Cts will see a payout on October 2nd, I think I would have to ask myself why the PPS has not moved. That is what someone said here. I think it is logical to ask that. The market is not seeing a payment coming soon. Perhaps the market is wrong. But, like in the case of FNMAS the price did move as the story changed. For guys like me that see no recovery on the CTs, there is no indication that the story today is any different than 6 months ago.

[LORTAP KCOTS]

I absolutely applaud your doing this homework, expose the truth... Yes that's exactly the dosage he needs!