Thursday, April 06, 2006

Lehman Brothers Breaks $150

Congratulations to those holding Lehman Brothers (LEH), Goldman Sachs, or Bear Stearns. All three hit all-time highs today. Lehman was able to break the $150 price level. LEH announced a 2-for-1 stock split today. On March 3rd I declared a race to $150 per share between Lehman and Goldman Sachs (GS). Goldman broke $150 on March 18th. Bear Stearns (BSC) is playing catch-up, now nearing $145 per share.

Note: I am long (LEH)


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