Replies to post #8804 on Lehman Brothers Financial SA (LEHNQ)

[marayatano]

Those were the last I was unable to sell. That is the reason.

CTs trade at a premium because of "irrational exuberance". CTs cannot get paid unless the bond is paid. So there is no reason for CTs to be trading higher.

Not being pessimistic, just being conservative.

Thanks

imo