Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Linda, Mik1, thanks for your efforts.
you should do LHHMQ when it's $0.028/share.
Wow......
Is it true?
I'm sitting next to you.
GLTA
do you mean "wahuq"?
yes, it's a consolidated statement from all.
I think it's from the recent 8K reports.
I hope you're right.
Very interesting, good infor, thanks
There is a news today on Lehnq board, stating L is moved from grey market to pink sheet. It means something is very good.....
I don't know the numbers. Someone(s) believe there're hidden MBS in somewhere.
I might be wrong. I don't see this statement in POR at all.
Thanks for your comments and it's very right.
The recent 8K shows cash around 98B, and debts subject to compromise is around 311B. Huge difference between them.
There're two schools of thoughts on lehnq board. It seems that our thoughts are minorities. Most of them believe that cts will get post POR interests.
Someone believe that JPM is our trustee ,and holding 1.5B(1.2B FV + 0.3B interest), so Cts will be paid in full.
Someone believe that senior creditors will be satisfied in full due to post- POR 53B. After POR, CTs will no longer relocate, if there is any residual assets left, the distributions to seniors.
I think you're smart, and sold most of them. Thanks again for your comments.
GLTY for your other investments.
Are you still in Lehman CTs?
Any comments after 53B are paid per POR satisfied in full? Or, Chp 11 reorganization vs Chp 11 liquidation?
TKS
Your thoughts are exactly as Marayatano said. Both of you are pretty good in BK cases.
I'm a foreign student, and came to States in mid 70's. My first stop was the campus of Stephen F. Austin. Bring me back a lot of memories, and good time. Party school, right?
preferrds have much more chance in terms of ROI than commons. Fed can't kill both. Saving one and kill the other.
fully agreed, watch out...
thanks for the info, and your endeavor.
No, I still have a good position around high 5-digits. I only sold a little to average down my positions. I really can sit here drink coco-cola, and relax. You, on the other hand, might cry if Lehman has nothing left.
I should thank for those pumpers. The reason is that I could sold some of my positions @0.30/share. Now my average is extremely low. Thanks again -- pumpers
Of course buying gse. Regardless whatever you guys discussed in Lehnq board, Lehman basically has no money. It does not matter Lehman is in Chapter 11 or Chapter 11 liquidation.
Assuming someone likes to have Lehman's NOLs, seniors will share the large chunk and leave CTs, preferrds and common nothing comparing to gse.
I believe F&F will be survival because gov could follow the same cases as in GM and AIG. If we are lucky, as AIG subordinated bond, we get 100% recovery. If not, as GM, we get 10% of new company, probably equal to $10.00/share.
Preferrds here will have another dump to around $3.50/share. Then, it's time to get in.
GLTA
The same here. I still remember Bopfan, such a jerk. I wish she made a lot of money. But I don't with wamu, and holding those worthless stocks.
It's good in this board. I have successfully averaged down my portfolio to 0.023/share because I had sold @0.30/share. I didn't buy while it's around 0.80. The highest I bought was 0.26/share, and kept accumulating at low price around 0.026/share. Like buying a lotto tickets, and still holding upper 5-digits.
I didn't follow how much the balance not being paid, and date. Sorry, The best persons are cottoniskin, and mik1.
If seniors were fully satisfied. However, seniors wouldn't.
The only thing I could see would be all creditors share whatever remains including NOLs.
most likely, we'll get stocks of Lehman2. Remember wamu2...
pepsi is sweeter than coco cola.
You probably won't get any fair answers because nobody knows.
IMO, the higher holders, CTs, Preferreds, possible commons will share whatever leftover.
Fortunately, I sold some of my holdings recently and brought down my CTs average @0.027/share. Basically, I am sitting here, wait and see. I should thank those guys.
Joe, you're absolutely right. Also, reporters from Bloomberg are right too. From the last question of Q&A, it has fully explained as what you're saying. Hillary is a pumper and dumper (M&M).
Thank you for your comments on the other boards.
Hopefully, we could get something more back here.
It's the situation "paid in full" vs "fully satisfied".
At least, within the POR, CTs, including the interest, go to higher classes.
After POR, who knows. If CTs get something more than higher classes, not limited to equity of Leman2, high classes would not be quite, and not sit there doing nothing. IMO
Basically, I mean senior creditors who is not subordinated to any other classes.
CTs are being paid by divi. However, all go to the senior holders.
GLTY
Your efforts will be compensated.
No, I mean you're constantly on xxmeq. I redeemed the cash and shares with re-organized entity.
Hi, How are you?
I've seen you on the other board.
fully agreed.
thanks for your info. GLTY
Does UWB have preferable stocks? TKS