LEH: Revisiting it's prior lows...

06/23/08 05:05PM EDT
We have some good friends at Lehman and, for their sake, we do not like to see the marked to market effects of senior management's lack of judgement, but we would compromise our process if we didn't continue to call this one like it is.

Lehman was down another -5.8% today to $22.80, getting closer to my target, which i am going to move to $21.85...

KM

(chart courtesy of stockcharts.com)
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