There is a stock with a well known name that has increased over 71% since last Wednesday. Too bad the stock is going through bankruptcy. And the name of the stock is ... Lehman Brothers (LEHMQ.PK). It has moved up from 7 cents per share to 12 cents per share, on a huge spike in earnings. On Thursday, the company settled claims relating to collateral obligations with JPMorgan Chase & Co (JPM).
Author owns Lehman. No recommendation is expressed or implied.