UBS Teetering

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UBS Teetering

posted on Mar 17, 2008 11:12AM

Not to be outdone by their U.S. bank counterparts, rumours are floating around today that UBS would like to get in on the magical disappearing act. Considering they are down an additional 17% today on very heavy volume, I think they may give Lehman's Bros. a good run for their "lack of" money. PPT still in overdrive and the shorts are still putting up solid resistance.