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Must reorganize or lift the stay very soon...IMO..
Very astute indeed...An investor here cannot dismiss any or all possibilities....This is a contrarian investors dream...At this point look at it this way; In 2009 Las Vegas was hit so hard the biggest casinos lost 97% of their worth..I thought that perhaps most of the casinos would implode...
Just the opposite,as names like Las Vegas Sands, MGM and Wynn now represent today a composite of a 4,800% gain from then to now and on an uptrend.....
Bottom line for all here is, high risk and reward but BIG name..Take Ford at a dollar a share who now represents at least 17000% gain from a few years back...I could ramble on..
Don't sweat it...Throw some extra here and don't spend money from the cupboards but think how life could have been different only if........
You are thinking deeply my friend and I do appreciate that..Likewise, when grandma bought these years ago there had to be some comfort in the guarantees that the underlying bond could not be dismissed...Low risk then meant possibly high reward now...
Total scam company here...
Knocked a few teeth from a bus driver..He and Dierdre took the money and ran while the company had Lee (brother) take over in name...
Love your posts rlinterests...You certainly bring up many valid points...
No, they cannot liquidate forever you are right...Actually that is a bit of a stigma.. Also, they cannot extend the Stay forever..
The former Lehman employees may have a bit of help by the current judge, but that does open a crack in the door for paying back the "unsecured" creditors which Gibbons has mentioned on more than just one occasion.................
Unless I missed this in conversation you may be correct, however, when saying that the CTs are equity you are certainly correct, however,.... I didn't see where you mentioned the CTs are also considered debt...The debt instrument is, imo, the reason these shares couldn't be cancelled thus reinlisted..The CTs own an independent bond securing this as debt..
If this obtains some recovery via equity then the debt portion must first be satisfied..This is indeed 10B but ultimately a bit of "fly in the ointment" to the seniors who would prefer to cast all subs into the OBS...235 million dollars is a rough guess here to satisfy (what I feel will be a concessional agreement from my DD) divided by 48 million (OS of combined trusts) which should be a baseline recovery of $4.89 minimal recovery here, imo..
NOLs look like a reason to speculate here, but deeper vision will mean more in the upper dollar ranges..
Hello guster.. Of course the final outcome is undetermined here..I have always admired you from a distance even during your recent downgrading here...Hey, Buy a few cheap here while you can, imo...
A great time to pick up shares, imo...I had the same thing happen to me 2-3 days ago...I think the shares will end up in the correct hands..Me being one..lol..
Bruce's girlfriend's name is Diedre..You have also been screwed by her indirectly..you need to address Canadian law to prosecute these criminals..
You are another victim of the vanishing pumpster...
Sorry I didn't respond sooner but just got back from a nice vacation..How have you been doing..?? I see you show up on a few miner boards and make some promises and then jump to another board..
Hmmmmmm...It is a good living to be a Lemanite in the slower times...Besides you dine and 1 or 2 others only I am laughing and feeling confident here...
Someone is accumulating a bit these days so don't just sell...These are rare shares now with only scant trading..
I love all my friends here..Although I don't post very often I do read each post on my own time,,....
Thinking about a merger with Proctologist and Gamble for a $5.00-$10.00 pop...Then all would be rectified..
Hello Jersey.. Thought I would say hello to a few friends...You are one..
Still here folks...I see a payout coming to the CTs in the future..I have been given a few loose shares here and there but mostly it seems things are tight...
You had me til sweet home Alabama.. Not a a fan at all in anything to do with Alabama..LOL.....
I hope you turn a million in Lehman and convert to all Manning....Tennessee, Lousiana, Mississippi....Not much into the Denver pot smoking other than another brilliant Manning move to buy pizza chains in a pot smoking community...
Go Broncos!!!
Seems by this board that many have already called and spoke to the company and are blindsided by the undisclosed marajuana issues...
It is hard to trust someone who tells you to your face that they are committed to company growth with an ethical outlook and a vision to enhance shareholder value when they are looking for a secondary source of income in a controversial market without telling the shareholder by phone...
excerpt..
"The consultants will work closely with the Company to define and quantify potential opportunities and investments in the marijuana industry, and to determine the financial needs and viability of the businesses. The consultants will also review the opportunities for business relationships with other companies that are seeking, or have made, "Growers Applications" in the State of Washington."
Not to mention the $5000.00 per month consultant fees and avid pot grower since 2004....etc...
Anyone here can take out a loan for 4% or less...Why the 12% loan here ???
Is your "days being numbered" meaning you will sell on the next spike..Please explain..
Pump comes every year after the winter debacle freeze out..Don't see it happening for the good this year.....This one has spent its last dime and pump, imo..
Too much cheerleading here without substance.
Everyone isn't selling..Just the management as always..
Please post the date of this excerpt..This is an older discussion..
Are you still selling guster ? I may buy some more if they are .30..
How do you think this will end up "stock....."??...All predictions are entertaining here..
I really doubt that the bottom falls out here despite a 3:1 negative to positive posting ratio...It really doesn't matter what you or I think..That is the beauty of it..
It seems odd that the one that paid .50+ per share (you) or those who own no shares are the ones upset while the majority on this board have held from early pennys and seem content..
I have 100k HHs GTC at $25.00 if you want them..
These continue to trade for a reason..For the sake of MMs is a bit of a reach, IMO. Legal obligations seem to be the overriding factor..
FWIW... I have been bidding a healthy amount at .40 on all the trusts but the N.....It never shows and it never fills....
Hash Tag...I hear Barclays needs to divi up...Hash Tag
LOL..That is what I thought...There are many exclusions to DIP including the exact wording excerpt....Thanks for the " fun link" dnoto...
Is that a Wikopedia definition Joe? I am looking for a link...
Once again....Lehmans are being accumulated heavily..Today another uptick!!..Look at bottom of all indicators and hit accumulation/ distribution lines...http://stockcharts.com/h-sc/ui
One of two things each of which represents higher pps...
1..Some of the bigs want to sell higher and are scraping shares..
2.Some are buying and holding no matter... I am inclined to believe based on test sells and buys this is correct..I have not been able to buy any below .40 but a test sell higher goes quickly..
I watched closely today and saw a play between .43 ask and .42 bid...Someone sucked up the shares and wanted more..
The manipulation here is to sell and not to buy...I have yet to see anyone here screaming to buy their shares..Better yet if it is a manipulation game then this will go much higher as the accumulation is for real..
I have been tediously bidding while placing test sells higher..I have seldom had trouble selling at or near the ask but each time I place a bid I am jumped over in a matter of minutes..
The market makers have a step on up all, I understand, but the mode is to suck shares away for some reason...
Please try for yourself..You will not gather shares on the low unless by chance the Vegas MMs decides to quieten the crowd..Selling higher is a given...I find this encouraging myself...........
Please explain your position more clearly as you point this to being a worthless pump two or three posts back..If this is a pump and dump give evidence of a dump taking place..Even if this is scantly traded the accumulation is steady over many months...The company cannot dilute so no dump there either..
It isn't as much as who is buying but who is not selling...