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does anyone have a link to the reorganization plan?
Barclays PLC (BCS) is concerned over further revelations about the collapse of Lehman Brothers because of potentially sensitive client data, U.K. newspaper The Times reported Monday, citing unidentified sources.
A 2,200-page examiner's report into the collapse of the 158-year old institution, published last week, uncovered evidence that Lehman used "balance sheet manipulation" to mislead investors and regulators, The Times reported.
A court hearing will take place possibly as soon as April 1, in which the examiner's team is expected to argue for the release of the "underlying documents", The Times said. "All of the parties have agreed to allow those documents given to (the examiner) under confidentiality agreements to be made public, with two limited exceptions that we are working out," The Times quoted a person familiar with the matter as saying.
The objectors include Barclays, which is concerned that some of the information on Lehman, extracted from the former institution's databanks by the examiners, may also contain commercially sensitive proprietary data that the bank doesn't want released because it involves clients, The Times said.
Newspaper Web site: http://timesonline.co.uk
-Dow Jones Newswires; dennis.baker@dowjones.com
Time to go shopping :)
They have the sheep in this country thinking that there is a right and a left side in our goverment when in reality its one corporate side with 2 faces. Now...back to our regularly scheduled programming.
CNN ignored the white elephant in the report also. Absolutely no mention of the colorable claims.
http://money.cnn.com/2010/03/12/news/companies/lehman_examiner/index.htm?hpt=T1
If nothing else, this report will fuel months of speculation on if we will get paid out or not. From the looks of it, there is plenty of meat for lawyers to fight over.
Examiner's Report in Lehman Brothers Bankruptcy Available Online at www.lehmanreport.jenner.com
the wire service is going nuts over on scottrade for lehmq
Examiner Finds Colorable Claims JPMorgan Chase, Citi
28 minutes ago - Dow Jones News
Examiner Finds Colorable Claims Against Ernst & Young
31 minutes ago - Dow Jones News
Examiner Finds Colorable Claims Against CFO Lowitt
33 minutes ago - Dow Jones News
Examiner Finds Colorable Claims Against CFO O'Meara
34 minutes ago - Dow Jones News
Examiner Finds Colorable Claims Against CFO Callan
34 minutes ago - Dow Jones News
Examiner Finds Colorable Claims Against Fuld, Others
37 minutes ago - Dow Jones News
Examiner: Lehman Directors Didn't Breach Fiduciary Duty
44 minutes ago - Dow Jones News
Examiner: Lehman Officers Didn't Breach Fiduciary Duities
50 minutes ago - Dow Jones News
Lehman Bros Examiner Releases 2200 Page Report On Bankruptcy
55 minutes ago - Dow Jones News
UPDATE: Judge To Release Lehman Examiner's Report Thursday
66 minutes ago - Dow Jones News
Bankruptcy Judge To Release Lehman Examiner's Report Thursday
Thursday 03/11/2010 2:47 PM ET - Dow Jones News
Bankruptcy Judge To Release Lehman Examiner Report Today
Thursday 03/11/2010 2:37 PM ET - Dow Jones News
GoldenTree Hires Lehman Credit Veteran
Thursday 03/11/2010 1:17 PM ET - Dow Jones News
Financial News: Recovery Signals For Listed Buyout Stocks
Thursday 03/11/2010 10:35 AM ET - Dow Jones News
CME Tries To Keep Sealed Parts Of Lehman Collapse Probe
Wednesday 03/10/2010 12:35 PM ET - Dow Jones News
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somewhat new poster to this board. I have only been in lehman for a couple weeks. got in on a tip by a coworker who has ridden this and wamu for some pretty nice gains in the past year. I wish everyone luck in the next couple days. Should be a pretty interesting ride.
Lehman, GGP lead February bankruptcy claim trades
http://www.reuters.com/article/idCNN0923096820100309?rpc=44
I am retiring if we get half of face value :)
I am retiring if we get half of face value :)
Ryan,
I can't post to you privately as I just have a free account so I will post here.
I have no doubt that Neomedia will do fine in the long run. My concern is about the investibility of the company while YA has its noose around NEOM's neck. This 100 to 1 reverse split is going to wipe us out and with the authorized share count staying the same, it will allow YA to issue new shares indefinitely. I sold because I do not want to see my $100 worth of shares get turned into $1. Without the threat of further mass dillution taken off the table, I believe that is what will happen. Nothing will stop me from investing again in NEOM once they rid themselves of this toxic financing but until they do, I can't see myself owning shares anymore.
TA means nothing when YA is in the picture. TA should have given us a 6 cent price by now.
that is why I sold off my position in NEOM. I see nothing good coming to NEOM land while YA has its grips around the neck of Neomedia. It is sad that they can blatantly rip off the shareholders so openly and not have anything done to them. Oh well. I learned my lesson. I didn't do enough DD before I bought and I have noone to blame but myself. I should have researched the outcomes of other companies YA did financing for instead of thinking that the product trumped the toxic financing. I feel like an idiot but I am blessed in that I can fight another day.
Sold the rest of my position. I was hoping that 8-K had something to do wit ha buyout but it turns out it was just for more funding. I can't accept the terms that they are getting this 2.5 million for. I will always tear up whenever I see a 2D barcode in the future for "what might have been" but I am done losing money on this. I had such a good streak going this past year so this isn't the end of the world. Just a good tax write off for the end of 2010. Good luck everyone. I hope you all find your proverbial pot of gold.
I sold half my position today. Still have some just in case a miracle happens but there are better places for me to try to recoup my investment lost on this. I feel like an idiot for believing this penny stock was any different than other penny stock scams. I want to think the best but that 8-K is hard to read as anything but bad news for the common shareholder. Like I said, I still have half just in case this is all a ruse before a buyout but it sounds like YA wants to reload the share count at our expense. Lesson learned, never invest in a YA related company ever again.
Why are we limited to just 3 sticky notes? There has been enough relevant news in the past 6 months to devote 10 sticky notes to the top and it wouldn't be overkill. Especially in light of how most brokerage accounts seem to hide any relevant news on Neomedia. Try going on Scottrade, Etrade, etc and look for news. It would be a huge benefit for potential investors to see the entire picture of what is going on instead of having to go thru 50,000 posts to find the relevant information to base a investment decision on. If 10 sticky notes are not doable then how about a new post that links all the relevant news in one spot? Just an idea that I hope Street considers.
knock out that 0 in front of the 1 and you would be onto something. As it is, I just think someone came in and decided to buy some shares and got tired waiting for their order to fill so they upped their offer to the bid. Not enough of a jump to think news is around the corner imho.
based on his previous posts, he doesn't flip this stock. He just encourages others to do so and he said he has a co-worker who does. I take it all with a grain of salt.
if 2010 pans out the way I think it will, this will be the fireworks display I will be putting on in my backyard for the 4th of July.
I might be a newer addition to the asylum (I still haven't pulled out all my hair and I haven't scratched the skin off my arms just yet) but I do want to wish all of you a very prosperous and good New Year. Here is to a rocking 2010.
so our IP is now going to be preloaded on all Sony Erickson and Sprint phones in 2010. Sweet!
I wouldn't give much credence to a post about a possible buyout from a poster whos ID was created the same day the post came and who hasn't posted since. No matter how "credible" it sounds, it is just rumors. So now because of some post that has 0 credibility, we now have heightened expectations and when nothing happens (which has a 99.99% of happening), the stock price will take a hit because of it. I think the quality of the posters on this message board is too good to get sucked into that.
Let us know what you find out. I have seen it before with other penny stocks. I remember Spongetech had something similiar happen but they were on the grey sheets when it happened. It was trading around .03 cents and then a trade took it to .30 cents or so. But you can't see the bid and ask on grey's so it kind of made sense for that to happen. It definitely doesn't make sense with a OB stock for that to happen. Thanks for looking into it for us.
There is no way a 5000 share trade at a full penny over the last trade can be a "Fat Finger trade" it is impossible. Go put in an order for 5000 shares at .02 limit when it is trading at .01. The most you would pay would be .012 because there are plenty of sells that would trigger before it hit .02. Now if that buy was for 10 million shares unintentionally set at .02, I could see it happening (after taking out everything before .02) but that was some signal by the MM's. The question is what did it mean.
Edit: The only way it would be possible is if there were no sell orders between .01 and .02 but that is impossible. Anyone with level 2 can confirm that it jumped thru plenty of sell orders to execute that .02 trade.
that .02 trade doesnt make sense. Even if you put in your limit at .02 for a buy, it would gobble up all the selling bids between .0105 and up before it reached .02 cents. So unless you were bidding on 10 million shares or so, there would be no way it could reach .02. Either the MM is effing with us or there is a thin line between the bid/ask and .02 cents. I tend to think it is the MM effing with us.
that goes against your previous posts where you said you weren't trading this security but that a coworker was. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43897313
Merry Christmas from Hartland, Wisconsin
Regarding Iiams conversation today about Google. Why would he take a hard line with them when they are spending millions rolling out 2D barcodes? I would imagine he would welcome the recognition that Google is giving 2D barcodes and just because he has a hammer (the patents) he could use, why would he at this point? It doesn't make sense. I think he is playing his cards correctly and am not sensing desperation in his tone. I added more money into my account today and will buy more if the price hangs out at a penny for long. GLTA
excellant post. thank you for resisting the urge to be all doom and gloom. I understand where the doom and gloom is coming from but correct me if I am wrong but NEOM has had a very active year which is setting up 2010 to be a great year for us stockholders.
The key to holding NEOM is not investing money you can afford to lose and plenty of mind altering drugs. Does the trick for me.
There is some truth to his statement imho. I have had 3 ipods and 1 iphone and they have all had issues. I had to take my iphone in and get it replaced. Apple has a great product but they are prone to have issues.
Awesome article. Slowly but surely, the word is getting out.
Most brokerages do not allow you to buy stocks under $4 with money that was just put into the account. You have to wait 3 business days for the funds to settle before you can purchase NEOM. I have both Ameritrade and Scottrade and they both have this policy.
I might be nuts but I just bought 500k more shares. This price movement makes no sense to me but I am not deterred. With all of the positive PR's we had had, this should be at 3 cents minimum. Once revenues start being shown, it will climb. So now I have 1.5 million shares of a penny stock. Does that qualify me for admission into the asylum?
PS.....I want to thank all the posters who have been here for years for all of the valuable information they have shared in their posts. It has not gone unnoticed. Your informational posts have definitely calmed me down to the point that when the price dips like it has, it doesn't even faze me. Thank you.
I am in the mortgage business. We pay 20 to 45 dollars a piece for a qualified lead thru a service like Lending Tree. Then we pay anywhere from 200 to 1000 dollars if we close them. Targeted ads that bring a merchant a customer ready to buy are worth their weight in gold.
Thanks Clay. I like your style of explaining the charts. Makes it easy enough for someone like me to understand.
Every visitor accessing the site is also given a unique reference number that they can use to claim a unique Oakley gift in store.
This is every marketers wet dream come true. Being able to track how well an ad campaign works in real time is the holy grail of advertising. This rocket is gonna take off sooner rather than later.