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Sorry, didn't know you were new here. The CT's are Capital Trust Shares. Please read their prospectus, all 4 are basically the same. They are LEHKQ, LEHLQ, LHHMQ, LEHNQ
I am reading through the prospectus and don't see the language you are talking about with regards towards any "unconditional guarantee". Can you tell me which paragraph you are talking about? One thing is for sure, no one is talking about Lehman Brothers, yet it is the largest "elephant" standing in every finance news room in America.
Look in the intro-box for prospectus link.
Do you know where we can get a copy of the LEHGQ prospectus and the "unconditional guarantee"? What other Lehman symbols are CT? I have been buying all of them EXCEPT the commons.
No kidding Feck it.. I guess I will sit on them or use it as toliet paper..lol
LEHGQ gray market...feck it, holding ALL for big move or bust....
I was asked a question about the 11 various Lehman shares. I used safest as a relative term to describe the best of those 11 that are tradable. My response was:
Are you are asking me which are the safest Lehman shares to buy?
They are all risky, but I only hold CT shares.
so,in your opinion,which is the safest?
LEHGQ, LEHFQ, LEHJQ, are all pretty much the same as preferred equity shares with a $25 face value
LEHPQ, LBHGP, are all preferred equity shares with a $1000 face value
LEHCQ, LEHDQ, are all preferred equity shares with a $50 face value
LEHMQ, are the common equity shares
All of the above equity shares are not represented in the Lehman bankruptcy as there is not an Equity Committee.
Only LEHKQ, LEHLQ, LHHMQ, LEHNQ (Capital Trust Shares) are shares of subordinate debenture bonds, and represented by a trustee who has filed a claim against LBHI (debtors).
As with any bankruptcy, it is possible that there will be no recovery for any equity shareholders and perhaps even subordinate bond holders.
I only hold Capital Trust Shares. All of the CT's have a face value of $25.00.
My USAA account and my friends account are still reading this stock at $23.50. Can we borrow against this?
??? I hope .20 on the dollar would be nice
look like any winner to be?
I have a GTC of $15.00pps in TDA...????
Showing no bid and no ask now
A three-way battle over the remnants of Lehman Brothers Holdings Inc. is coming to a head
http://online.wsj.com/article/SB10001424052748703856704576285483621495232.html
I DID READ WHAT YOU WROTE. SINCE YOU DIDN'T SAY SCOTTRADE WAS ASKING .025 YOUR POST MAKES IT SEEM TO CONFIRM THE ERROR HERE AT I-HUB.
THE TRUTH IS THERE WAS NEVER AN ASK OF 23.5 AS YOU ASSERT!
Please read what I wrote,, ((( LOOK AT THE INTRO BOARD HERE AT IHUB IT'S SHOWING 23.50 ))) scoot is showing .025 that is correct I never said what scott was showing.. BEST OF LUCK HAPPY RESURRECTION !!! Resurrection refers to the literal coming back to life of the biologically dead.
SCOTTRADE IS SHOWING AN ASK, BUT IT IS .025 AND THE LAST SALE AT .011 NOT $23.50
TWO AND A HALF CENTS IS A LONG WAY FROM 23.50
LOOK AT THE INTRO BOARD HERE AT IHUB IT'S SHOWING 23.50 ON THE ASK AND MY SCTTTTTOOOTTRADE IS ALSO SHOWING AN ASK. STRONG BUY !! TYPE IN LEHGQ http://www.barchart.com/quotes/stocks/LEHGQ. WWWWWWWWWWWWEEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!
TDA has no B/A...?
RISK AND REWARD IS VERY HIGH ----- YOU HAVE TO BE A BUYER OF THE STOCK EVEN IF YOU DON'T GAMBLE !!!!!! WHEN WE MOVE THE FLOAT IS SO SMALL I DON'T WANT TO HAVE TO TRY TO BUY BACK IN... THIS IS NOT A TRADING STOCK IT'S A STAYING STOCK..
Someone or something has been buying up these shares over the course of this BK. No one is paying attention. Once a new president is elected in 2012, the system will bounce back and I think we will have an explanation for what just happened with BSC, LEH, and WAMU. It's a sad state of affairs for the USA; from the looks of it, America and the investment community around her were so scared of the Obama presidency they actually caused the sky to come crashing down when in fact the sky was never falling, rather; the human race took one giant step towards looking out towards the vast universe and beyond the color of our own skin. Never the less; President Obama is young enough to return to the senate, serve 16 years, and run again as a man with many years left to live while in his 60's..
Can anyone ever think of a president who then after their presidency served in the Senate or Congress? Will gold and silver stay at these levels? Is this like Jimmy Carter's presidency? It's similar, but with President Carter silver popped and dropped, gold popped and dropped. Now, this is a steady climb for gold and silver to maintain a "cruising altitude" of $1,500.00oz/gold and $50.00/oz/ silver. Still at any moment, following a republican win in 2012, gold could come down to $650.00 and silver back to $10.00. I think we have long term resistance there, but still, who knows, this is like trying to be in a jam band with Anthrax and Barbara Streisand singing the Hallelujah Chorus on Jamaican Steel Drums and bagpipes.
Something is up....I knew this whole Lehman Brothers take down was potential for a scam from the top (Goldman Sachs). It looks like they shook the tree, have picked up all the fruit off the ground, and now they are going to re-open the farm like nothing ever happened.
My company UNAMED in New Jersey is buying up Lehman preferred classes of stock for under a penny a share, now USAA says our LEHGQ shares are worth $23.50 a piece and my account is worth a small fortune. Can anyone explain what's up with USAA brokerage? Scottrade also valued them at $23.50, but adjusted the account value the next day to reflect the $0.011 PPS currently quoted on all other systems. However, both USAA and SCottrade are showing that I was a millionaire on April 21, 2011.
Is there anyone to lock in these gains?
Lehman Brothers has an office in Delaware with employees and revenue from real estate and income they had originally over estimated losses from. Lehman Brothers could come back from the dead. If so, all of these shares will be worth a lot more.
Ah I figured it was an error with my bank (USAA) or someone with a seriously high ask and a market order getting filled at that price. Are you looking at the L2s at close yesterday (I don't have access).
WELCOME ABOARD !!!!!!! GOING TO HAPPEN !!!! WWWWWWWWWWWWWWWWWWWWWWWWWWEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!1
I show no bid and an ask of .025 with the last trade at .011.
This being Good Friday, the markets are closed today.
I show no bid and an ask of .025 with the last trade at .011.
This being Good Friday, the markets are closed today.
Is anybody else showing a share price of $23.50? I logged into my brokerage account to find quite a suprise this morning. Is this due to the recent settlement reached with JPM?
LET'S FOLLOW YOUR OWN GOOD ADVICE !!! "Buy on their fears, sell on their dreams."
He's correct though.... same reason I questioned your thoughts as well a few weeks ago..... zero represenation, non-operating, and attempting to collect all the spare change under the couch cushions to pay off the important people as best they can.
CONGRATULATIONS !! ON GETTING BACK IN !!!! I put a board mark on you anyone smart enough to buy LEHGQ IS SOMEONE ABLE TO SEE THE OBVIOUS YOUR A TRUE VENTURE CAPITALIST
I think you will be CASHING IN BIG !!!! ONE OF THE GUYS WHO WILL MAKE THE KILLING ON THIS STOCK.. I'm showing $23.50 on the ask.. WWWWWWWWWWWWWWWWEEEEEEEEEEEEEEEEEEEE !!!!!!!!!!!!!!
This is a good site to keep us up to date...
http://chapter11.epiqsystems.com/LBH/Project/default.aspx
NCj167
Actually, I have gotten back in -- but I stick with C/Ts nowadays. I have over 20K. We are closer now than we were before. If something is going to happen, it will happen soon enough.
.04 up at the close right before the bell. We will see higher prices coming very soon!!
Looks like also all the Lehmans are jumping and getting actione today !!!!! http://stockcharts.com/freecharts/candleglance.html?LEHNQ,LEHKQ,LHHMQ,LEHGQ,LEHPQ,LEHCQ,LEHPQ,LEHLQ,LEHMQ,LEHJQ|B|P14,3,3
It's a wonderful country that we can agree to disagree !!! I disagree with most everything you say ,,,,, so please don't respond to my posts as I really would like to read your posts from time to time but you bring no new life to my opinion... Fair enough!! Best of Luck !!!!
LEHGQ has no representation and ANY CHANCE OF RECOVERY FOR LEHGQ SHAREHOLDERS IS NOT LIKELY !
TRY BEING TRUTHFUL and informative instead of cheerleading then perhaps you would have some credibality here.
Bottom line is that LEHGQ is NOT the Lehman stock to buy as you assert, and there will be no dividends here either, SINCE THEY ARE SUSPENDED !
Since there are only 5 million shares, LEHGQ LACKS LIQUIDITY when compared to most other Lehman shares.
The best Lehman shares to buy would be LEHKQ, LEHLQ, LHHMQ, LEHNQ, because they ARE represented in this bankruptcy by AN INDENTURE TRUSTEE, The Bank of New York, Mellon, who has filed a claim on their behalf.
SHOW ME WHERE LEHGQ'S CLAIM IS? RIGHT WITH YOUR .0001 SHARES. LOL
http://stockcharts.com/h-sc/ui?s=LEHGQ&p=D&yr=0&mn=7&dy=0&id=p36473178929 80 cents next up... the last down move 200 shares was a one dollar trade.. WWWWWWWWWWWWWEEEEEEEEEEEEEEEEEEEEE !!!!!!!!!!!!!80 CENTS ON THE ASK !!!
WHAT'S YOUR PROBLEM BUBBY ??GET A CLUE !!!?? MIND YOUR BUSINESS !!! GET A LIFE... BEST OF LUCK !!!
Second Request:
How many LEHGQ shares did you buy at .0001?
I think we all know the answer, which is ZERO! LOL
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SECURITY DESCRIPTION: Lehman Brothers Holdings Inc., Depositary Shares each representing 1/100th of a share of Floating Rate Cumulative Preferred Stock, Series G, liquidation preference $25 per depositary share, redeemable at the issuer's option on or after 2/15/2009 at $25 per depositary share plus accrued and unpaid dividends, with no stated maturity, and with floating rate distributions of 0.75% per annum above one-month LIBOR with a minimum rate of 3% per annum, paid monthly on the 15th day of each month to holders of record on the first day of the month in which the payment is due. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below. |
Stock Exchange | Cpn Rate Ann Amt | LiqPref CallPrice | Call Date Matur Date | Moodys/S&P Dated | Distribution Dates | 15% Tax Rate |
---|---|---|---|---|---|---|
OTOTC Chart | Floating n.a. | $25.00 $25.00 | 2/15/2009 None | WR / NR 1/25/09 | Suspended! 15th day of each month Click for Ex-Div Date | Yes |
Notes: September 15, 2008 -- Lehman Brothers Holdings Inc. (LBHI) stated that it has filed a petition under Chapter 11 of the U.S. Bankruptcy Code with the United States Bankruptcy Court for the Southern District of New York. None of the broker-dealer subsidiaries or other subsidiaries of LBHI was included in the Chapter 11 filing and all of the U.S. registered broker-dealers will continue to operate. |
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