Bankrupt company jumps sixfold in 'lottery ticket' deals
(NEWSER) - Here's a stock tip for you: Lehman Brothers. No, really—the busted financial giant, which had been trading at less than 5 cents a share, peaked at 32 cents last week, with volume hitting 100 million shares in late August after sitting at virtually zero most of the year. The trading, which is taking place privately rather than on a registered exchange, is little more than "tulip mania," one hedge fund manager said. "People have decided it's worth something based on nothing." More»
