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News is out. How we gonna poo-poo this one?
Thank you my friend. I appreciate it. I have put in emails to Lehman estate execs about ADR's C and D. I will share what I find out if anything. I got a response, but was asked for clarification of my question. I will let all know.
I hope so. Which symbols r senior? I wish it wuld happen sooner rather than later, but I'm a patient guy. If the brits don't hold us up, I hope it takes about another 12-18 months
If those trusts were mortgage backd securities or part of derivitive swaps, without federal backing, ur not gonna get squat, imo. I wuld think the foreign companies who were or are represented by the ADR's might have some say in their potential value. I am hoping, tho its a one in a million shot, that they merely got caught up in the BK and are waiting to be valued.
I c a lot of posts about the trusts, facts yes-cannot argue with what the trusts are and their spot in the pecking order, but no one on here even addresses what ADR's are and why they were valued $50 face at the ipo. Plus their are only 4 and 5 million shares out there, and are traded extremely thin which would lead me 2 believe that low volume means a minute amount of investors who hold them. Strange trades by MM's, I presume, also signal 2 me dat no one wants to part with them. All in my novice opinion, so I may not know what I'm saying. If so, please educate me, I guess u culd say I'm sh@?!@n in one hand and wishin in the other :~)
Not a problem. This will b the 4th email I hav sent 2 them. Figure at some point they'll answer. Just can't figure out why I can't find info onthe foreign entities their ADR's r correlated with. Hope that 10 percent the WSJ mentiond includes lehcq and lehdq
Unless they r worthless, then nothing will b paid. Still nobody on ADR's? I emaild lehman, hope 2 get response
Thank u 4 the clarification. What of the C and D ADR's? Do u know what foreign companies they represented? I don't believe they are debt backd equities, r they? I've been tryin 2 find out with no luck. Hopefully they aren't toxic, but hw can I find out? Thanks to all!
It is my understanding that trust prefrd's are debt equity trusts. Considering default swaps were the catalyst 4 this mess, why would trusts b better thab say adr's like lehdq and lehcq? Of course if all of these alphabet soup symbols were backd by mortgage securities, then we aint gettin squat. LB isn't going to get TARP $ nor any fed help. Am I wrong? What's up with the adr's? Anyone?
When I checkd Etrade at 7:30 this morning, lehdq had a bid at .001 and ask at .60. Hour later, bid .07 ask .14. The 1st was either a mistake cuz makes no sense at all. Can anyone explain? All this past week lehm's all games and bull?
Any info on the C and D adr's. I hav had no luck om finding out what foreign entity they represent or if they are mortgage backd securities. If the trusts and preffd's are not, I hope 10-20 percent is plausible?!?
I'll take 10%. I paid $45 got over 5K shares. I'll take 20K on a chump change investment. Go lehcq and lehdq!!
So I've learned. My question is how do MM's benefit from this here on LEHDQ? They waiting 4 a huge payoff? Pllease enlighten me
Bid now at .005. After hitting 4 cents constant, who in their right mind wuld sell at .005. Answer= MM games always with this stock. Sick of it. SECOND is supposd to watch these BK stocks. MM's stop now! Give these stocks a chance, please!
How many shares u all holdin? I wonder hw many people own with so few shares in circulation? I'm lookin for 5Centd on the $ of face minimum?!?
You know, I don't know what to think about this anymore. The high volume but no upswing concerns me some. Its hard 2 tell what's going on. R/S's always scare me. Thru Gamb, JD insisted no r/s, so I have 2 b-lieve that. I know this is a real company, so that's not concerning. I guess these things take time. Don't know what else 2 think.
At one point, there was talk of uplisting, that was b4 the current economic downturn. My question is why was there talk of uplisting. In its past, I don't remember seein any revenues even close to warrant an uplisting. Wuld that have occurd thru just hyper-speculation of potential future earnings? I'm lookin 4 any answers here. I am long, patient, and confident this thing will make a run. If it would, how many would sell all their shares right away, and what wuld that do 2 the long term value of the stock.
Mayb if I were in JD's shoes, I wouldn't want this to break out either. Most will jump ship, which is why u invest to make $, but the co would have to have a solid shareholder base to keep the pps at any level it may go 2. EESO went from .05 to now .01-.02. I dunno. Think I'll stop reading this board and check the pps everyother month.
While on etrade browsin thru quotes, I ran across a latest headline about penny stocks and how investors r beginning 2 take a close look at being more aggressive in the pennies 4 the possibility of "gold mine" investments. The outfit they were referencing was pennypics.com. Now this made the latest headlines when I pulld up Citigroups quote.
The release went on 2 dscribe the high risk but great potential rewards of investin in small cap companies who make profits during tuff economic times when bigs do not, and how investors r turning to them.
Now it seems this stock has many of us unwilling to sell at these ridiculously low bids, hence little to no volume being traded. Is this due 2 the seller being gone? I am long on this stock, but JD needs 2 b more agressive in promoting EXPH to garner any new interest. If it is true that investors r looking to b more aggressive and r turning to pennies, then EXPH is ideal. Let's get a pr blitz going, if indeed (I b-lieve there are) there are things that have developed to report. Fins would b good in conjunction with the pr's. The time is NOW, let's not miss the boat. If itro is trading at .002 and has millions in debt, why wouldn't we run to that level again and higher? Am I off-base or just plain wrong. Many on here know much more than I do about OBV, accumulation, etc. Please help my ignorance and help me understand why we aren't marching on. Thanks and good tidings to the holders of EXPH.
Isn't it about time 4 some news to come out? We could use a little oomph, so to speak. Since its earnings season and da big boy's earnings will suck, b nice to see EXPH's recent progress, particularly since its been stated their making profit on their contracts. Would b welcomed. Things hav been too quiet, imo
Right on Pele. Hope JD Brown is heeding ur advice and seeking out those contracts. I'm ready 2 get fat!
I am aware of ur post and u r exactly right. If there are possible contracts available that have been already budgeted, then I wuld hope 2 get them. 1st priority will b minority owned businesses, then the rest. Many people r feeling EXPH should go after newly budgeted contracts, ie stimulus $, but that $ will come witht the strings I mentiond earlier. Look at the "shovel ready" stimulus $. No $ will go to businesses unless they are union or pay prevailing wages. The BHO admin has made that clear. We wuld have to get "earmarkd" $ for contracts from the congresswoman and she may b reluctant to request, plus since she isn't a Demo-rat that will b troublesome. But u r correct, but it wuld have to b money from prior budgets.
Under normal circumstances, I wuld agree govt contracts wuld b good 2 pursue. The only caveat is: unfortunately, the current moronic administration of wealth killers would grant contracts to only companies that are 1. Unionized, or 2. Will pay prevailing wages. Now tho EXPH employees deserve great pay and do great work, paying $45-50 per hour for a $15-20 per hour job doesn't help the bottom line, nor shareholders. That's fact, and not just imo. If he culd get them without the prior 2 caveats, which I doubt, go to it. Cmon EXPH and Walmart and some FINS!!!
That's cool iwish. I can't really argue much with what u have opined, but I'm patient to wait things out. I realize many of u have been waiting a long time already, but what else r u gonna do? Selling now at tremendous loss really wouldn't b my choice, but I understand ur frustrations. I am tryin to stay positive here, cuz I am still mourning BHO's election and I just feel a company like EXPH will take longer than 2-3 years to really begin 2 develop. But u gotta admit that Lowe's, Home Depot, Food Lion, and possibly Walmart aint a bad start and I think is pretty impressive. People talk about eeso so much, but I will b-lieve their 150mil revenues sellin "green" chemical pig crap deoderizing potion to the Koreans when I c it. Just IMO
Gamb, when this thing hits a huge bash would b choice. I too wish I lived near there, the winters r too cold in Indiana. To b honest, I am new to the penny and ihub world and want to write a book about penny investors and all it and they entail. It's like a sub-culture with its own lingo, personalities, and often times, downright amusing things. I think Pink Pennyland Dreams would b a success. Thanks again Gambler!
Patriot Gambler, thanks for the legwork that u do. Good questions and I am satisfied with the responses. Can't wait 2 see more PR's with project details. Now let's hope "mr. quotation" gives Mr. Brown a break and let's us wait for fins and pr's b4 he criticizes the legwork you've done. Just kiddin ya iwish!
It doesn't mean anything really. What's up with the pref adr's, what toxic assets are they gonna try to get rid of. I have been tryin like hell 2 do some DD, but 2 no avail. Barclay's brushd me off, Neuberger the same. The Treasury is controlld by Goldman Sachs lackey's and there is no way they wanna help Lehman out. Derivitive swaps r the toxic assets and cause of all the financial mess. LEHCQ, LEHDQ, PQ, NQ, those weren't mortgage backd securities 2 my knowledge(please let me know if I'm wrong) r those worthless at the time of the BK? Aren't those deposits of some kind? Anyone hav any real thoughts? Please opine. Thanx
Touche
Thanks Gambler, I completely understand. I look 4ward to hearing from u again and please tell JD to keep on keepin on. I've been around business my whole young life and know the difficulties, risks, and sacrifice it takes to b successful. B safe on ur travels my friend.
I am surprised y'all r so silent 2day. I miss Gamb's optimism and intimate knowledge of the going ons of the company, Soros and his poignant insight and admonitions against factless purports, Taki's HUGEEEE, and I even miss iwish's constant habit of reminding everybody what we said "in quotes" and telling us how wrong and stupid we all are 4 beleiving in the long term of EXPH. I look 4ward to more chatty days. Don't give up on EXPH! If a Marxist can become president, then anything can happen! IMO of course. Of course BHO is a Marxist lmao
Omega, I don't understand ur Walmart thought process. Do u know how many Walmarts there are? I have said b4, I would rather sell 1000 widgets at $25 than 100 at $100, wouldn't u? Of course IMO
even if the company sells 50 mil shares at .0015, that's only abourt 75K, and by this time their shares would b depleted sharply, no?
Omega, please provide specific and tangible examples of ur claims. Any DD is welcomd, but blanket statements r simply conjecture and ur opinion. Again, what actual examples do u have 2 prove ur thesis? Thanx.
I believe he was a big whig at Goldman Sachs like Crook Paulson, so I wouldn't hold ny breath. I hope they prove me wrong, but I doubt it. Don't 4get that Lehman was Goldman's #1 competitor
Pretty sad. Leman left to sell this crap, while Goldman, formerly run by Hank Paulson and Timmy Turbo Tax Geitner is tradin at last I saw over $70 per share and reported to have frozen billions of Lehman loot b4 its collapse. Unbelievable
Thanks Gambler, no doubt stocks are a gamble, as is the entire system. I put my 401K into strictly the lowest risk bonds months b4 the collapse cuz I saw it coming. Ended up making 4 percent instead of losing 60-70. Thanks again, look 4ward to more of ur posts.
Gambler, I have reading posts on this board for almost a year and decided I would chime in after c-ing how things go here. I gotta tell ya brotha, I have always enjoyed your honesty, optimism, and the information you provide--Soros and Taki as well. I hope for your sake more than my own that this thing takes off and the MM's don't win. I just had twins, otherwise I would b pumpin my stimulus and tax rebates into EXPH. Good luck to us all is right! Keep the American dream rollin JD!
IMO, the decline in pps is obvious manipulation, but not by the CEO (IMO). Why else would it trade all day at .0011-.0012, only at the last minute to have a trade go thru and drop to .0009? How would the CEO do that? What is his incentive to make chump change on those trades when the value of his equipment exceeds the total value of the company the current pps reflects. Taki has it right on every time he points that little factoid out. Look, I could be talking outta my behind related to this stock and pink trading, but it just doesn't make sense. The CEO isn't corrupt or a fraud. Ask urself, if the CEO or company is nt the culprit, then whom else or what entity culd it b? I would luv 2 know all realms of possibility, just not to bash the CEO or some IR firm. Just IMHO of course.
I b-lieve u naild it Life. With the way everything else is quasi-regulated by the govt, I feel all aspects of the market should b regulated, especially Pinks. After all, the govt is supposd to protect the common man/ little guy, and that would b us here. They'll give sum song and dance about the size and scope being 2 overwhelming to look after, but manipulation is manipulation either here or on the big boards. But the SEC is corrupt like evey other govt agency.
People say they were asleep at the wheel with the whole financial mess, but they turnd a willful blind eye. After all, why would they wanna bite the hand that feeds them. Make it cheap and easier to uplist or regulate Pinks. At least bar MM's from trading stocks they are the go betweens for, if that is truly what they are intended to do. All IMHO of course.
I certainly b-lieve JD to b a stand up guy. I am new to posting here, but have been reading here for about 8 months. I am pumpd bout Walmart and dealings with Lowes and the like. Its refreshing that JD engages wit members/shareholders here.
I saw a post about JD should step aside as CEO, totally unnecessary. Its his co. and if I were him, I'd b hands on like he is now. Keep up the good work JD, stay relentless on gaining new business.
ps. I have yet to figure out how the "companies" with crap for real revenue and assets trade much higher than EXPH. BZCN was once trading at .03-.12, based off little. These MM's are unbelievable to me, go betweens that are the Gods of trading. Idiot Michael Moore once said that the people who become rich are a select few on a list and most people are not and will not be on that list. Tho metaphoric, he actually has one thing right in his giant head. All just IMO.
What or which foreign companies did this adr belong 2? Is this one of the toxic assets, or was this one that is just waiting on a new symbol and barclays or neuberger to claim once Bk is done? Any info on this and lehcq would b good. I tried to research more but come up empty. Only 4 mil or is it 5 in float, could pay off big time. Hurry up bk courts and the feds toxic asset buys. Anybdy out there?
Couldn't agree more Han. Just hope no r/s, not even consider one JD. Don't kill us here.
I noticed the other day some posts bout more expensive exports helping made in USA products. Tho true, with the FED pumping 1tril out of thin air, we may get lots of $ here, but it may end up buying us a cup of joe and a donut. Inflation + devalued $ equals former, uh current, USSR!