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I still follow ALL THREADS, its just we dont have much to follow. LOL
IMHO, all heck will break loose one day.
Quiet around here since everyone is on the N board.
This stock is awaome going to make me rich man
Do you mean LHHMQ or all CAP TRUST?
I am curious of your statement, TY.
just curious... why do you feel we should be paid already before the more senior debt?
I really can't see what we are sill waiting for this should of been paid out to us by now I wonder if that wamu junk is some how tide to this delay this stock is still golden IMO
I missed posted my thornbeurg mortgage buy went threw Today sorry
Wow indeed.
Okay, let's get to the bottom of this ...
First, I own CTs, and I want more.
I called my broker two days in a row. They tried checking with different departments like preferred, fixed income, reorg, etc., and got nothing. They put an open order out there with MMs for me and have received no response. The main person I dealt with feels that they are "expired," but I told him that they aren't, and I told him exactly what happened (accidentally delisted, then shoved on grey sheets, and preferred and commons lumped into the big share). I explained to him that they are actually worth something and that it appears that someone is trying to hide them away. He doesn't know what else to do other than just leave an open GTC order out there for me. I told him I would research further and get back to him.
Can Lehman be reached and what is their number? Let's force the issue. I hope that the MMs won't raise the ask to $1.00 or more.
Chessman
I see that someone has an offer to buy 100 shares for a dime each, anybody want to sell a few?
Thank you very much.
You own preferred which should be part of the one share of the new company equity.
I own LEHMQ, LEHPQ and LEHJQ. Should I expect to own shares in the new company? If not what's my status? TIA.
I think you can buy this on the Pink Sheets?
I know what you were told has to be truth...There is no buying or selling now as we are locked down so there is no reason to falsely pump this up....
The big two questions are is this guy knowledgeable and the second question is how much of a divi ????? Pertaining to the first question, he must know something ( the $25.00 is a bargain)...The answer to the second is the most intriging....Heck, One dollar for a dime stock would make most happy and this is lowballing most calculations..... A divi seems inevitable at this point just based on the reading of the law..
Good job and thanks...Membermarked you!
Did not ask that but the guy knew what he was talking about all so if you did nott notice their was a 25.00 fee that you don't know you were billed that was the day it went off trading then came back a few days later if you check your billing call in and they will tell you what They told me that's who I found this out today
REAL. thanks for that news. SOUNDS GREAT! lets see what happens
Is that for all CT"s? tia.
i spoke to E-trade corp. guy and we will see our dividends for the past few years the amount is still up in the air but i hope i can buy another truck with it....... good feeling about this now
check LEHNQ board for all the updates...it is having all the info you are looking for
Can anyone provide any updates on the current goings on? I own CTs and regular preferreds but have been out of the loop for a while. Weird VooDoo action with the symbols in my ST account had me come here but only to see little to no recent activity. Thanks in advance.
LHMMQ News on Schwab:
BRIEF-Terra Verde Group purchases Lehman Brothers asset
March 16 (Reuters)
Terra Verde Group:
* Terra Verde Group purchases Lehman Brothers asset
* Terra Verde Group- property was part of portfolio of Lehman Re assets and was a casualty of the Lehman Brothers bankruptcy
* Terra Verde Group - purchased property for $11.25 million, sees investing additional $15 million in the property over the next two years
* Terra Verde Group - investment will create more than 200 jobs during over the next two years
* Terra Verde-purchased The Grove, a property South of Nashville, Tenn., that was formerly known as Laurel Cove
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
Copyright (C) Reuters 2012. All rights reserved.
Fidelity has restored my CTs:
03/15/2012 MERGER MER RESCND 52520E200#REORSM0050726620001
525ESC802 LEHMAN BROTHERS HLDG V ESCROW 6.00% 04/
Cash Shares: -X.000
03/15/2012 MERGER MER RESCND 52520E200#REORUM0050726620001
LHHMQ LEHMAN BROS HLDGS CAP TR V PFD SECS SER
Cash Shares: +X.000
But Scottrade has not.
This stuff about locking the shares of the CT is just weird.
At Fidelity all of my CTs are still locked up, but I just placed an order for some more LHHMQ, and it was accepted.
Even though Fidelity told me that my CTs would return to tradable status two days ago, they are still removed from my control. All because of some clerk somewhere, that can't read.
came back as LHHMQ @ .06
Mine are yet to be restored at Scottrade.
shares are back on the market...!
I have no time if you look at this value, now I see in my bank that my capital has grown stronger and I see in google finance no longer listed LEHMQ from 3 March. Someone can tell me about my investment in 5 years you buy at $ 3.
thanks
I have no time if you look at this value, now I see in my bank that my capital has grown stronger and I see in google finance no longer listed LEHMQ from 3 March. Someone can tell me about my investment in 5 years you buy at $ 3.
thanks
They are quick to take it away but so slow to give it back.
It seems to take a couple days, lol.
On my scottrade acc. they are dropped (LEC23 & LEC25)but I don't know what they will be when reinstated.
wh has the Q not been dropped ?? any thoughts, TIA
13:08:10|A||LEHKQ||Lehman Brothers Holdings, Inc. Lehman Brothers Holdings Capital Trust III 6.375% Pfd Security Srs K|03/13/2012|Reinstated. Symbol was delisted in error. **|||u|Y|100|Y
03/12/2012 13:08:10|A||LEHLQ||Lehman Brothers Holdings, Inc. Capital Trust IV Preferred Stock Series L|03/13/2012|Reinstated. Symbol was delisted in error. **|||u|Y|100|Y
03/12/2012 13:08:10|A||LEHNQ||Lehman Brothers Fin SA Capital Trust VI 6.24 Pfd Srs N|03/13/2012|Reinstated. Symbol was delisted in error**|||u|Y|100|Y
the cool thing is we will know soon!!!
The ticker is back to being LHHMQ on this board.!
if they re -instate the divi the share prive would be close to par IMHO
To pay the dividend is cheaper than 20 percent of the value of the stock. Just a comment.
Dont know where i am going with it.
Dividends are interesting. Prospectuses only allows a five year suspension. Then they would "have" to reinstate the dividends. It up to the Plan Administrator I guess, but its a possibility. So, next stop, September 2013, maybe back to $25 per share 18 months from now, IMHO. Its possible, IMHO.
This is great news glad I grabbed a bunch of this gold can't wait to get paid yyyeeeehaaaaaaa
i dont know about the divis,,,but brother, talk about GRAVY
LETS SEE !!! GLTY
Yeah this one could fly as soon as traders hear about it...!
The way it looks, this will get a valuation possibly based on the re-emergence of Lehman...
I wonder if the dividends will also be paid at some point?
Back to trading? Dollarland? Be sure interesting to find out
I received the following information this morning from a Fidelity chat session:
Jamie Cupp: Ok, I just clarified some things with my back office colleague.
Jamie Cupp: The two positions that you have mentioned[LHHMQ and LEHLQ] are anticipated to be reversed later this afternoon.
Jamie Cupp: We do not have a definite time though.
Ankle Biter: Fantastic
Jamie Cupp: That is all of the information that my reorganization team has at this time.
Ankle Biter: Who does the reversing?
Jamie Cupp: The security master that is reorganizing the security.
Ankle Biter: We're done then, thank you!
that's crazy..now what does this mean???
Amazing huh?
03/12/2012 13:08:10|A||LHHMQ||Lehman Brothers Holdings, Inc. 6.00% Prefd Sec Srs M|03/13/2012|Reinstated. Symbol was delisted in error. **|||u|Y|100|Y
http://www.otcbb.com/dailylist/txthistory/BB03122012.txt
FOR IMMEDIATE RELEASE
LEHMAN BROTHERS CHAPTER 11 DEBTORS EMERGE FROM BANKRUPTCY AND SET INITIAL DISTRIBUTION DATE
Record Date for Claims Transfers Prior to Initial Distribution Set for March 18, 2012
Initial Distributions to Commence April 17, 2012
New York, March 6, 2012 – Lehman Brothers Holdings Inc. and its affiliates announced today the occurrence of the Effective Date of their plan and emergence from chapter 11. They will commence distributions to creditors on April 17, 2012. Distributions will be made to record holders of claims as of March 18, 2012.
A new board of directors will guide Lehman Brothers Holdings Inc. and its affiliates as they move toward a complete liquidation of their assets, following a strategy to efficiently and expeditiously maximize results for creditors.
John Suckow, a Managing Director with Alvarez & Marsal and Lehman’s President and Chief Operating Officer, said: “We are proud to announce Lehman's exit from chapter 11 and entrance into the final stage of this process – distributions to creditors. Our objective remains to provide the best results possible for creditors – by continuing to strategically position assets to produce strong values, to pursue the resolution of disputed claims and other matters in litigation, and to manage expenses in line with the asset disposition process. We thank the hundreds of Lehman employees and outside professionals who have worked hard and diligently since September 2008 to achieve this monumental result."
LBHI and its affiliated chapter 11 debtors, through their restructuring advisers at Alvarez & Marsal and their attorneys at Weil, Gotshal & Manges LLP, filed the Modified Third Amended Joint Chapter 11 Plan and related Disclosure Statement with the United States Bankruptcy Court for the Southern District of New York. The Plan was confirmed by order of Judge James M. Peck on December 6, 2011. These filings can be found at www.lehman-docket.com in the “Key Documents” section.
http://chapter11.epiqsystems.com/LBH/Project/default.aspx
click on FAQ to get some info.
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