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With the Market doing its acrobatics today, is this a good time to sell off my Lehman stock?

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Orrex Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:26 PM
Original message
With the Market doing its acrobatics today, is this a good time to sell off my Lehman stock?
I've got a heap of 'em just sitting there doing nothing. They're bound to net me a few bills about now, aren't they?
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flvegan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:32 PM
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1. At $0.14/share, at this point the nostalgia is worth more.
From almost $70 to a penny stock. What a year.
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Orrex Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 11:01 PM
Response to Reply #1
4. Lehman was a MAJOR asset holder at a number of mutual fund companies
I'd be interested to hear an analysis of how Lehman's collapse affects those companies, in addition to the other little ripples caused by the multi-billion dollar giant's implosion.
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Rabrrrrrr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 02:01 PM
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2. You, too, huh?
I have a hundred or so shares left.

I'm so glad that I sold a bunch in 2003 - I didn't want to, but I needed the money at the time.

Thank God, or I'd have another couple hundred shares of worthless crap.
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Orrex Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 04:55 PM
Response to Reply #2
3. At my former job, I used to process payment invoices for Lehman and others
I wonder what my successor is doing with all of that extra time...
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