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  • Wall Street Breakfast: Must-Know News [View article]
    Hey capitalis stool: I guess you're a fan of unconfirmed buyout rumors which pump up a stock in dire straits. Learn to read.
    Sep 11 07:16 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]


    Sep 10 03:02 AM
    Thanks Eli Hoffman for your response. I am a big believer in free speech, and news publishers should be able to report any rumor it believes might be true, such that President Kennedy was killed by the CIA.

    But in this case Seeking Alpha was totally irresponsible. There have been numerous unfounded rumors that all sorts of entities are about to throw capital at Lehman. But if a short seller says something negative about the firm that is probably true, he is investigated by the SEC.

    Several hundred million shares of LEH traded yesterday. For you to print a rumor late in the day that they got an offer for 11 dollars when they stock was at 8 you damn well better have a source.
    Sep 10 03:57 am |Rating: 0 0 |Link to Comment
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