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Thanks Rock. Economy is still in deep trouble, IMO, but companies still do well in bad times. Hopefully EXPH will benefit. Problem is with rising inflation and IR's and the terrible policies of our Marxist administration, the $ we make here may buy us a cup of joe and a donut. I pray I'm wrong. Otherwise, let's beat the odds!
OG, Gamb thanks much! I've been planning on that. I'm a lucky guy, hope it rubs off!
I hope ur right. I'm just so up on this company, I just want all the facts known so the naysayers will be silencd and folks like Gamb are vindicated. I also want a reason that flippers trying to flip at such lows will b unable to do so. We gotta get the bid/ask higher than current levels. I'm long and patient, just tired of meager flips and MM games. U know?
Sorry OG. I just had twins, I don't know wht day it is. My bad everyone
WOW!! Look at ur guys chemical pig crap smell killer pps now. Hey y'all, I got some land I wanna sell ya, prime stuff. LMAO LMAO. Lehman's, real $ pennies! Got in with $90, now worth over 3K and will grow 10x's
I completely agree and c your point. I've been very happy with the pr push over the last few weeks. I just hope they keep on that tact. The cc should be about the best news/developments they have up their sleeve. I'm up on the co.and CEO, just down on flippers and daytraders and MM's who won't let this thing breathe
It was great to see that. We hit .0012 the day its was announcd, and then flippers went wild. Where could we be now if they would've held back. Its econ 101 and the prisoner's dilemma scenario. Need some big news b4 the CC. Hope the company comes thru. They almost have to so more momo is achievd b4 it. Flippers who think they r so savvy obviously know squat. Its just sad to c a real company with real potential growth still trading so low.
Thanks 5*. I'm blind. Should use my PC, but the phones are so convenient.
Was there 19+million or 90mil traded friday? Looks like ont the top set of charts in black, says 19+ and the other ones 90. Am I just seeing things? I am on a BB
Thanks J-rhino. Definitely an interesting read. Damn MM's
Thanks Gamb, there's a reason why I have been long and holding here. Any sign of "iwish"? Figured we'd here from him by now, lol. Hopefully it'll b a good news week as a prelude to the c.c.
What does that mean to us now? Appreciate ur DD and knowledge.
That's what I pretty much figured. I was thinking of calling them and asking what they now about those particular ADR's. I have yet to find someone who can shed more light on them. I did read that ADR's and trusts were conceived to hedge against the very crisis/ financial mess that we're in. I even had some conversations with high level accountants handling the BK, asking general, public knowledge, and they couldn't even shed some light. Mayb holding back, but from the gist I got, they were surprisingly clueless about ADR's in general. We'll just have to c. I am happy tho and cautiously optimistic.
I got one now, LEHCQ and DQ. Paid $95 for both, now worth over $2700 and I aint gettin out til the end. EXPH will be icing on the cake. Let's go Walmart and Lowe's phat juicy contracts. Flippers, do what u do and get the flip outta here. Let EXPH go to its rightful place! LMAO
I hope ur right about the float. Hope its that way on the D's as well. I tried gettin 100,000 back when they were .005 and .001. Managed to nab 4500 C's and 11,000 D's for a total of $95 for both. Waiting til the end. Did u c the institutional ownership on these? John Hancock and Loomis Sayles have about a million of each of these. Dunno when they got em, but they still do. Good sign?
CSykes, at one point they were talking about uplisting. What basis/grounds did they have at that time 2 consider that? With ur knowledge, doesn't a company uplist when they think their stock will trade above penny status? I don't c how that was in play with exph? Thanks much.
Unfortunately u r correct. Flip and b done with it, it will b some time. Hope 2 c some juicy contracts as well. Let's at least finish at .001 or .0011. C'mon EXPH!
Ask was .002 bid .0001. Sorry
Etrade shows bid/ask .0001/.00e right now. What's up with that? This haPpens on other stocks I own. Can anyone provide insight into what goes on with that? MM games, signals, or what?!? Thnx 4 any insights
I hope the chump changers will b gone. Look, I'm not a daytradr and I get flippin and wanting to make a profit, but man we hit .0012 today anw with today's news and the heavy volume, who knows where we could go tomorrow. Guess we'll have to wait em out. Let them suck some other pinkie dry. Hope MM's are gone, u can never count them out, they're like the undead, gotta cut em off at the head. Hope PR comes out about a fat contract 2morrow or Friday to buid the suspense.
There's no way I 4see that. But again, if the contracts are legit, then fine. It just sounds far fetchd. Especially in Korea, they have many more pressing concerns than pig stink
Thought so. Again 100mil 4 a swine smell killer. Right...
Lifegear, what's up with some of the bid/ask spreads so huge on some of these. Its always after hours, like last night the spread for LEHDQ was .002 bid .60 ask. Signals?
I know. They said they have the contracts, BS huh?
This one sheds more light and detail.
http://mobile2.wsj.com/device/article.php?CALL_URL=http://online.wsj.com/article/SB124329868153552955.html?
PwC is the main clearinghouse for Lehman European assets and entities. Without their full cooperation this will drag out 4 a lot longer. The BK judge Peck scolded the British lawyers for this and their lack of cooperation. June 17th is the hearing date on this. We need resolution on this in the worst way
This just makes the process much longer. British bastids!!
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5389607/PwC-rejects-global-plan-for-Lehman-recoveries.html
I understand lookin out 4 ur creditors, but is it in their interest to drag this BK on for years longer than needed?
I wuld ride it out longer depending on where u got in at, but please do not take my advise serious, that wuld b just me. I c much higher days ahead, relatively speaking. But guess in the short term u could get back in. Don't 4see 2000 shares being too hard to get. But u never know. I paid $50 for my D's so I'm lettin em ride all the way and hopefully will LMAO when they rocket!! I'm the unluckiest guy in da world, but to invest $50 and get tens of thousands in return at some point is the risk, lol, I'm gonna take. U can flip 4 chump change or risk losing nominal $'s for a once in a lifetime return. All I hope and all IMO! Bware the all powerful and all knowing MM's, never trust them bastids and certainly do not underestimate them.
2 be honest, I don't know. The high face value and O/S rattle me a little as far as ceilings go. But if u bought in at 1.00 to 3.00, I would think u would be in good shape. All this depends on how much they get for their assets if they sell them or emerge from BK. They believe in nondistressd markets, their assets are 400bil. Waman, sidedraft, and pocket know much more about this than I, especially with the trusts. I'd still b happy if I were u. I'm not flipping anything, I'm in til the end or til their is some resolution. That's my play. But I did get in with the D's at .005, so I'm stoked. Hang in there, but please don't take my un-stocktrading-educated advice. I don't know. I'm just trying 2 use logic and hope hope hope hope....
Sweet is right. Its just so hard 2 tell. Logic tells me 20 percent is a conservative # for some of these tickers. Just depends on their actual value and how much buyers r willin to pay 4 potential huge rewards. I just hope the C's and D's will get 10-20 percent, I think very realistic considering at full face, the total shares are 225mil and 250mil respectively. If current estimates by Lehmans is their assets are worth 45bil now, but book at 400bil, I'm excited 4 a wrap to this, then cha-ching. Think they learned their lesson with the Barclays deal and what their assets may b actually worth. Wish sooner than later we'll find out. I wanna quit my job, lol
I think ur spot on. IMO, that's what's happening with the C's and D's as well. I posted the link with the UK holders resisting the Bk agreement with other foreign entities. Looks like a deal is on the horizon which will speed up the BK. If u notice that the J's for instance have a class suit from the investors there in what they was overbloated ipo values. U don't have that with the trusts and D's and C's. There is value there, imo. Just have to c if its 5, 10, 20 percent or more of face. If so, we r all rich, well at least moderately rich men in the near future ;~)
This culd make us wait longer. Damn Brits...resolve this
http://us.mobile.reuters.com/mobile/m/AnyArticle/p.rdt?URL=http://www.reuters.com/article/ousiv/idUSTRE54P11Y20090526
This could hold things up and make us wait longer. Damn Brits. http://us.mobile.reuters.com/mobile/m/AnyArticle/p.rdt?URL=http://www.reuters.com/article/ousiv/idUSTRE54P11Y20090526
Just some more Lehman news, this diddy from down under. Just like to keep our interests peaked even tho this means nothin to us here. Just like the parts in this article on cents on the dollar for what creditors/shareholders may receive.....
http://business.theage.com.au/business/councils-the-losers-if-creditors-liquidate-lehman-brothers-20090524-bjgx.html
No. They just had a meeting on possible reforms and 2 c if it was necessary. It needs 2 b eliminated, then banks will b forced to actually value their stock based on actual values. If they wuld, market wuld soar. Also need uptick rule reinstated. Too bad won't happen
Right on. It just is sad that those assets could have a book value of that but mark 2 market accting is a huge reason 4 this problem the financials r in. Just hope we'll know sooner than later. Hopefully MM shares r bout dried up nd now its just a waiting game.
I didn't post that message Palooka. All I said was I watch this stock and am still waiting 2 see those 100mil contracts 4 the chemical that kills the smell of pig crap in Korea. That's all.
I 4 one am encouraged by the inaction. Seems like outstanding shares are extremely limited, smart ones like urselves r holding 4 much much better days. I'm in til the end on the C's and D's. What really encourages me is the institutional ownership of these shares, trusts and adr's, in that link one of u posted. 2 see john hancock and other mutual funds holding millions of these dirt dirt once in a lifetime cheap shares, 2 me that's a very good sign. If lehman really feels their assets are worth 400bil in "non-distressed" market, then we will all b in really good shape whether u hav trusts or preferrd adr's. What do u all think?