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To be honest I'm not an investor here. I am Purley a trader. That being said I understand your frustration.
LEHMAN MONEY ROBOT BEEEE BEEP MAD MONEY MOMO MOVER $$$$$$$$$$$$$$ 2DA MOON LEHNQ ROCKET SHIPS IN THE SKY$$$$$$$$$$$
Correct me if I'm wrong but wasn't there an equity committee appointed.
Lehman should be making the 4th distributione notice /por payoff sometime in the next 2 weeks.
I think peeps want to be holding ct's. Going into the weekend.
Ah well someone put sum L's up at. 59c. My 20 is gtc.
And it's 10k now
I changed it to 20
Was Guna put 100k for 25, but it will only allow me to set it to 20. So there's 10k@ 20
If I do that then it'll show the 11 me thinks. I will though just 2 see
I'm a modify it to 9.99
Rofl that's mine.....
11$ may be a bargain in a month.
I'm sure you'd make a good lawyer if that is not your profession already.
Imo yes, that is why the obs was created.
I think once the por is paid, distributions there after would trickle across all classes, including obs. unless of course there is a merger or reorg then you'd receive compensation in newco.
It's a very very interesting.
Nortel and Lehman Brothers Case on FSDs Decided - A workable way forward
This is an article regarding the Supreme court ruling back on July 24th. I found it interesting that not only did the ruling state that the pensioner's or (FSD's) must get in line but they ruled employee pensions or Financial Support Directions (FSD's) must be classified as a liability or Unsecured debt. I could have swore that I read a docket stating that these claims were reclassified as equity prior to this ruling. Which makes me think about bringing the CT's back to the pinks.
http://www.shoosmiths.co.uk/client-resources/legal-updates/nortel-lehman-brothers-fsds-decided-5822.aspx
http://www.thelawyer.com/briefings/pension-schemes-with-fsds-rank-as-unsecured-creditors-nortel-and-lehmans/3007998.article
Anything is possible.
Looks like the mm's are going to make you pay to play from here.
I want full fv on all my P's
Up up and away
Do you have any affiliation with Argus health?
Okay, to the moon we go. Let's see if we keep the 10c spread.
Do we keep going higher or will we see a pull back?
American Capitalism at it's best.
All aboard, next stop, dollarland
I have 350k across the 4 ct's. I'll be aight
To add and take profits
Trying to flip lhhmq lq into the k, and n
Wowe wow. Wow
I didn't know that. Thanks for the trading strategy.
All of j00r share are belong to us.
Do you have your charts handy?
Good, now with your proceeds buy some Ritalin.
You should read the last 100 posts or so on the lehkq board if you haven't already
Not sure but it looks like you can purchase these close end funds from JH and still get the reward of the ct's without actually a having to buy them.
http://www.jhfunds.com/CMS/DownloadableItems/Funds/QuarterlyReports/Q3/JHP11Q3.pdf
http://www.jhfunds.com/CMS/DownloadableItems/Funds/QuarterlyReports/Q3/JHP13Q3.pdf
http://www.jhfunds.com/CMS/DownloadableItems/Funds/QuarterlyReports/Q3/JHP80Q3.pdf
http://www.jhfunds.com/CMS/DownloadableItems/Funds/QuarterlyReports/Q3/JHP12Q3.pdf
Sit back, relax and have an Inca cola.