Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yep..Just laying across the Lehman raft soaking up the rays..
May be very good news if this is overturned.That would push the powers within Lehman to take another look on doing all that is necessary to keep as many assets as possible to provide reorganization..This would help assure settlements to more unsecure creditors
For the most part most in the business world want to keep the name and entity of Lehman buried. It is taboo to mention it. A little JumpStart to recreate would be a thorn to all the other big banks and the government to move ahead it seems...A lot of conspiracy likes to stay hidden..Yet I like the aggressive nature Lehman is taking to kick the dirt from the grave..
Imagine for a moment a "hidden" Lehman asset emerge to jump start LAMCO; a Ripple distillery right next to a Lehman owned bottling plant....
One can dream....
Brings back some ole memories..Has anyone mentioned the old Fred Sanford mixture of Champagne with ripple= "Champipple."
Hopefully you sold some to WAMU Gold..He seems to be wanting some.
Good luck I should say though in gaining shares cheap seems to be the consensus. It appears people are willing to pay more now to build or add to a position...To get a respectable amount of shares now one must raise their bids..That adds some excitement now, imo...
On the greys everything is hidden. Those with bids will often find trades well below their much higher ones. If the pinks are the wild west then the greys are the wild west with a daily hanging.I agree with mic that it really doesn't matter in the end if you are holding teens or triple zeros.
By the time the waterfall reaches the commons the CTs will have sailed around the world.
Interesting thought would be a "friendly exchange" of NOLs for an equity stake in a newly reorganized company... Wouldn't even need to be a swap of shares, just an immediate infusion of life into a "hybrid" company..
In other words Intel owes Lehman it appears. A conclusion may involve not only a stake of shares or a pile of money, but an assumtion of NOLs and an ongoing backing for a spinoff.. This would protect shareholder/ company interests on both sides...The end result would be very interesting... The function could resemble the initiation of an IPO which then could act to recover and grow, thus paying off and making money for a much enhanced duration..Just a thought...
Well I love all the excitement going on over here. Just hoping it translates into dollar ranges....Good feeling it may..
Daisy...Got to admit you are a favorite....Hope you make a million....By calculations that gives me an edge, but still..
Was able to read the article posted before it became a paid premium.. Very Bullish ......http://www.ft.com/intl/cms/s/0/c809527a-a50a-11e2-8777-00144feabdc0.html#axzz2QUxdf7jn
Wow!! 100%.....Look at the last sentence of paying the dividend to the unsecured creditors already.."a first interim dividend of 25.2 percent was paid to unsecured creditors, usually one of the last to be paid in any wind down.
(Reporting by Carmel Crimmins; Editing by Maureen Bavdek)
Interesting perspective....Almost have to step really far back and take a panoramic view of the whole scenario....The easy way out (for top echelon) would be for seniors to stand firm and soak up all the value. The downside would be seniors could kill all hope of lesser company (CTs) understanding that this is going no where and thus soak up every last dime.....No waterfall scenario..
Contrarian view would be that in a better economy (as we are seeing) let's preserve some of the company and let it float.....Lehman has lost billions already, but a "what if" scenario of throwing some bait into the waters is enticing to say the least...Perhaps a restored name will re-create an entitiy which can not only survive to pay some but create opportunity for all.. That is the kind of talk that closed door sessions in the Lehman courts may be creating.....
The old addage of cut bait or fish is worth a deep thought here...Hmmmm...Anytime the common folk gather together and make a noise, a squirt of grease hits the axel....JPM, Fannie, Freddie, Ernst/Young, etc.. all made out in one way or another yet seemed to have some part in Lehman's demise. This was either in a direct manner or in receiving preferential governmental backing.. A different note being political hits another angle here.....The European model of LBHI may in the end create such a stir that we all could benefit, imo...
Just my 2 cents..Many discussions on many angles...I am expecting 20% but no divys...Hope more though....
So...3 billion more leaves 7+ billion to the other classes? Correct?
Certainly the CTs qualify for the company's NOLs and should have never been delisted to begin with..Feeling more confident by the day here...Thanks for your computations..
Mic...Did you post at one point that you were contacted about buying your Lehman debt (trusts)? If so, what are your thoughts about that. ie.. speculative group making an offer, someone who could be in the know etc ...tia..
Investor confidence? There will never be that here.. Take a bite out of the cheap, study the facts and then hope justice will prevail..
Technicals alone suggest a golden cross with a cup and handle pattern..Price target (short term) is $1.65 based on technicals alone with any good news..
Could someone please give me the Trustees name and number. I would love to pick his brain while the prospectus is in my left hand..
Nice action today to say the least as the chart shows an upward steady burn finishing high of day...Nice big buy at the EOD sets the tempo ahead....MMs picked up shares at .26-.28..Not many selling here...
What is really nice is when you own a stock that breaks resistance and I-Hub is quiet....LOL..Those daytraders sold and got caught with a fast upward movement and are going to remain silent til the next dip. ..Guarantee it...
Agree. Watching this one closely to add. Now this is an easy trader with traders flipping between the 200 and 50MA. It has been easy money for a few cents..It is, however tightening up with a Golden Cross emminent..Got a feeling this is going to blow up in the near future..Company seems pretty solid...
Yep..Going to sit back and relax and sip a Pepsi til then..
Chart says 1.60 dip now as the RSI is heading into the panic mode...It should hold 1.70 though but no traction now til it bottoms out...Watch the volume. It looks like people are bailing.
It doesn't work that way...To be patient and wait means to lose money. I speaking from the company side and not yours. The taxes and fees are eating away here...Wolv is dumping many other resorces to help conserve yet look at their last SEC filing..They are completely broke...
The rule of thumb here has never been to follow the obvious...It is wait til the 12th hour and pump up hopes and expectations while diluting.. I still remember the last ditch effort to drill under the tent in an ice storm 2 years ago...Too late and lazy to spend resources when they could have mattered.. Example of laziness was to drill the outskirts because the weather was bad...
CLSN is going to run like a scalded dog... Really, look at the fundamentals....Company has upwards of 45 million dollars in cash reserve...Crazy that some will pay this pps for a cash strapped company with promises and overlook the silly things such as Duke University helping in Thermodox research and endorsing it..Book value is $3.00+..
Hope you do well my friend.
Nothing but a technical play at this point. Even some of the highest momentum players couldn't move this above a penny..Instead, another 20% scalp hit and run...
MELA....Nice double bottom here. People will be kicking themselves for not buying here soon....
FDA approved with several buyout inquiries..No brainer at these levels...
Nice observations Nell..
Looks like expiration in leases is going to happen. Mark my words. Everything will filter down to one drilling to try to save this company..Seems pretty pathetic that the CEO is selling at these levels to just pay taxes according to Doubloon....
I guess you are gathering a bunch of cheap shares then as this tanks to newer lows.
If he is averaging down from .01 to now he may be OK...Please give more specifics...
Sad.. Did you wonder why Lee sold approx 18% of his ownership for .005? That is the CEO selling a large chunk for less than half a penny per share.
Sounds nice...Buying was hard. Holding here is very easy...
Looks like investors have been burned too much here...Nothing worth trading as the three year chart is ridiculous..This is the worst of all the worst, imo......