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Saturday, December 12th, 2009

Which stock rose 313% on Friday?

September 21, 2008 by Tisa Silver  
Filed under Finance

I wish this price move had been as predictable as the company’s bankruptcy!

Over 226 million shares of Lehman Brothers were traded on Friday, sending the stock up over 313 percent.

When your starting price is only $0.06, your company is uber risky and ineligible for short sales, I guess this type of return is not hard to imagine.

Perhaps, the stock will continue to fluctuate as more buyers emerge to purchase the firm’s remaining pieces.  Who knows what will become of Lehman this week, but Friday was someone’s lucky day!

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Comments

One Response to “Which stock rose 313% on Friday?”
  1. Slim says:

    I think that I want to hear more about stock trading. Should I invest in it or not?

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