Replies to post #72572 on Penny Stock Wallbusters (PSW)

[FORDGT]

2 DOLLARS STILL THE TARGET
That's right, shares of Lehman Brothers Holdings and Washington Mutual have joined other financial
zombies like Citigroup (C Quote), Fannie Mae (FNM Quote), Freddie Mac (FRE Quote) and AIG (AIG Quote) in seeing a huge surge in price and volume in the recent rally, before the tide began to stem on Tuesday.

Dear reader, tread carefully with these stocks. Celebrity trader Jon Najarian, co-founder of Optionmonster.com, told the New York Post the buying is "more than just the dash for trash," but the reasons are highly speculative.

In an interview with TheStreet.com, Najarian argued that if the bankruptcy judge
decided to keep Lehman running to allow it to have a better chance of making paying off creditors, he might pay just 80 cents on the dollar to creditors. From the $6 billion Lehman has collected so far, that would leave it with a market cap of $1.2 billion, or about $2 per share, Najarian reasons.