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I bet $5000 on LHHMQ long ago and I am still holding I will never sell just write it off if nothing comes out of it...
Willie sold your arse down river long ago......
ITS MY MONEY AND I NEED IT NOW
Thanks that is what I thought LG always copy paste same crap over and over gets old fast....
Seriously? That would kind of be confirmation it may happen...!??
wamu shares went POOF!
zero shares on my account!
Shares expired worthless!
I gave up on these riches 2 years ago!
LOL !
I tried buying 1 share of LHHMQ but it always wants a lot more money than if you sell it, if you sell it you only get fractions of a penny.
One of the main differences between Lehman’s UK arm and most other insolvencies is that Rattigan and his colleagues wrung out much more money than expected. That outcome made the fights among creditors about where they stood in a waterfall all the more important and fiercely contested. It isn’t unusual for trials to decide who should be paid and in what order in big insolvencies, but with Lehman there were three waterfall cases in the UK alone. Many of the most experienced and expensive lawyers in London have represented hedge funds, Lehman’s US holding company, and even the government tax authorities, all arguing they were entitled to the last remnants of Lehman’s wealth.
https://www.bloomberg.com/features/2022-lehman-brothers-collapse-plan-repay-after-bankruptcy/
A UK Court of Appeal judge ruled that the Ecaps bucket deserved to go higher up the waterfall. In the years after Lehman’s collapse, some Ecaps notes were considered so valueless that they were given away, according to trading certificates seen by Bloomberg. Now it’s possible that if things go well for holders—and that’s a big if—the notes could be paid in full. For the few who bought early and sat tight, a free scrap of paper might yield millions of dollars.
Even in the sometimes extremely lucrative business of buying bruised debts, the Ecaps trade is considered remarkable. Robert Southey, a broker who’s traded Lehman’s debts, estimates that some traders could have gotten 40 times their money back. “It’s super unusual that something that’s considered zero within the whole structure recovers anything,” he says. That’s bondspeak for “wow.”
no idea! my guess too risky so broker does not allow trading?
TD Ameritrade Response:
12:12 Katy: Thank you for your patience on this. The stock was delisted back in 2019. The company receives a warning from an Exchange for being out of compliance. that warning comes with a deadline, and if the company has not remedied the issue by then, it is removed from the exchange and instead trades over the counter (OTC) meaning through a dealer network. The deadline was February of this year so the stock was delisted and those shares removed as worthless.
I have to agree I will post the response I got from TD Ameritrade.
Yeah my LHHMQ went up 6 cents, whats going on?
GUYS DONT QUIT YOUR DAYJOB YET!
Wait for what?
thats too bad Jerseyhawg left maybe he is just frustrated and come back later. We all knew this was a lottery ticket...
YEPPERS ???
WHAT DISTRIBUTION?
Those escrow cusips are gone they are no longer in my account the went PUFF....
GONE FINITO NADA
The problem is were the hell are the retained earnings. Noone seem to have found them yet , seems those earnings have been lost forever. If you find were they are please let us know....
when is the distribution in another 10 years LMAO
I hear you bro, lock in those profits thats the best strategy you can have in the market right now. Good Luck!
Its possible this stock is being shorted, valuation may have been too high but not sure I dont follow this stock anymore..
I dont own any COOP Im cash heavy no investments right now
CASH IS KING!!
you guys can do whatever you like its your money I was trying to be helpful just keep watching it fall....
LOL look at the volume 13K at $40.32 LOL this will keep falling....
BBOB COOP is in freefall mode!!
Quote"if it is a good time to sell and pick it up at a later time."
That has more substance than the escrow unicorns you guys talk about
The board is too hard to read between all this ESCROW PROPAGANDA the board should be cleaned up...
There is a lot of repetition of the same nonsense, you guys should be discusing why COOP value is going down and if it is a good time to sell and pick it up at a later time.
LG what you posted here has no value its just opinion....
Quote:"COOP IS CONSISTENTLY UNDERVALUED-THE FOLLOWING MAY BE WHY
THIS MAY NOT FIT WITH PRIOR INVESTMENT DECISIONS
I have always agreed and the BIG MONEY PLAYERS have always agreed COOP is way undervalued which tells an astute investor there is a HUGE EVENT on the horizon.
BIG MONEY PLAYERS NEVER let retail capitalize on their investment plays BEFORE they are issued more shares.
The shares they are anticipating such as investors receiving stock for their timely signed releases by 3/2012 for their ownership of the former WaMu Estate…time ticking until the filing finally arrives!"
Quote: "where is AZ’s entry points…" LMAO
Finally I see COOP Bleed seemed for a while this stock was immune to any market condition I guess not anymore...
ITS MY MONEY AND I WANT IT NOW!!
Hey Lodas noone can provide you with tangible proof because there is no evidence of riches coming our way. Frankly noone here has a clue, yes the people that pretend to know something dont know squat. Suckman was Suckman and that was that... Sorry you and all people here have been wasting your time here. I did too for quite some time. But not all is lost use it as a learning experience, it was a lottery ticket that did not pan out.
Quote: "This Final Leg of The BK Process-Distributions on/b4 3/31/2022"
LOL