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I'd take 30% and retire...
If I thought 'sippin on the syrup" had anything to do with the PPS increase,I'd have my nurse call in a Rx for Tussionex to the entire board,equity committee,lumberjacks,Canadian government bureaucrats and ALL the market makers...and a king-sized bottle for Lunch..
Thanks guys-gonna get back on the hydrocodone boat and back to bed-see ya tomorrow...
Always love a team player...thanks.
Been in bed with the flu all week- checked in on Zecco,and WOW-what did I miss?
I believe once the duplicate claims,inflated lawsuits,and unwinding of the derivatives furball are resolved,the new company will be sitting on ALOT more than 30 billion of assets.That being said,I still think the Cap Trusts will get paid in time. I have sold all my Lehman holdings except the K's-being classified as DEBT,we are entitled to payment at some point.I can wait years for this-it appears the majority of the other LEHKQ holders agree with me,as we have seen no massive selloff or bone-crushing drop in PPS. Sure,they took us down to .15 the other day on light volume,but if you have been in this for more than a week you are used to seeing 50% swings on 300 shares traded. Looking forward to new numbers from the company. GLTA
I play alot of BK stocks-Blockbuster may be good for a bounce,but as a business,they are as dead as a dodo bird. No matter what they do to change their business model,they are a day late and a dollar short. Netflix kicked dirt on their grave years ago..besides,I STILL have a bad taste in my mouth from back in the day where they were the only ones renting VCR tapes,and nailed hell out of folks on late fees..Au revoir,you greedy bastiges...
Put in a bid for 100k at .103,had to chase it to .105,Zecco filled it all at once for .10385. Go figgure....didn't even knew the went to 5 digits past the decimal.Saved me some beer money,anyway..
We are of like minds. I invest in Blue Chips,metals contracts,options,but I don't short stocks for the same reason I don't buy houses in foreclosure-I think it is bad karma to profit from someone elses misfortune. Alot of folks will say this is silly ,stupid or both,but that is where I am..
Thanks all-I found it and was gonna post,but you beat me to it. ANYBODY see a bid for LEHKQ? Zecco just shows a .15 pps
They were GREEN when I put TVCE in my sock drawer,sometimes changing to RED-Now,just a moldy shade of gray....
I remember reading where the Cap trusts are considered to be DEBT,not equity,but have been looking for this documentation and cannot find it-can anybody help with this?
No. You have no ideas.
She has always been a blue-chip woman,but is catching the penny bug. Happens to the best of us.She suprised me and bought 150k of lehkq shortly after they went BK-has been on a tear ever since..
All my wives love gold-my theme song should be "All my ex's wear Rolexes"-the lovely Mrs Faust actually bought 50k of this in her trading account after reading the board..
They finally filled me,but the CT's are not vey liquid today-in smart hands,IMHO.
Put in a bid for 10357 at .32-they filled 5k and jumpped the bid to .59.then .40,now .37....only 104k traded this morning-my earlier post about a massive selloff appears misguided-folks holding this one KNOW what they have,and are not gonna dump and run,so it seems. GLTA,these prices may not last....
The folks buying those on the front end got a royal screwing
I am expecting a bunch of nervous nellies to sell hell out of this today-people often forget that the Cap Trusts are considered DEBT,not equity-they are gonna get paid. Looking to add..
If memory doesn't fail me LEHJQ was issued shortly befort the BK,and there is a huge class action suit claiming breach of fiduciary duty-as in issuing 66 million highly rated preferred shares that turned out to be virtually worthless shortly after they were issued. Anybody up to speed on this issue?
Been in my sock drawer so long the socks have changed color...
I for one was not suprised-anybody with a decent grasp on the situation should have known that JPM would pitch some POS offer at first-it's just the way things loke this are played. Was able to add 20k in the $.50 range..
Didn't know you had a 10 foot pole-not in your profile lol
Glad I sold this dogturd last fall. All shipping stocks seem to be sinking fast(i know,bad pun,lol)
This one has sure thickened my skin when it comes to pinkie MM bullshit..
MACD crossover about to break-can't find out as to the share structure /float/fate of the commons-damn computer won;t let me open the IBOX..
Thanks a mil from all of us-can you highlite the ones about to run? lol mark
Owning shares in the 8th dimension doesn't count...lol
Great list-where did you get it?
Notice what,Nica? I don't see a link,and the IBOX is bare...
Poor guy-Darwinism has failed him,imho.
At least I am in good company-was able to buy back in without too much skin lost..
MESAQ is on fire,breaking thru resistance like Patton thru a bunch of German boy scouts...
Pilots are a great source for news-their union has infiltrated almost every carrier here in the US,and they have hoards of informers at all levels so as to have no suprises when takeovers,bankruptcies,layoffs,etc happen.Problem is that by the time the rumor/news hits the cockpit,it has gone thru multiple channels,and the data may be old/inaccurate/just a rumor.
Ergo-The lovely Mrs Faust sends her thanks for all your hard work-she read your stuff,and bought 23k shares at 0.12.I would buy more, but she is a high maintanance woman,and consumes vast quantities of my dry powder....BUT YOU ARE WORTH IT,HONEY!!!!!(she lurks on IHUB)
ABWTQ-equity committee report out-WOWSER!!!!
Probably buying property PTFC owns,but Tops is closing the store at that location..not looking for this to give us a major bump in PPS-that money has already been gobbled up in legal fees,imho..
FDIC giveth,the FDIC taketh away..I cannot bring myself to complete this phrase...
I have 225,357 shares(ALWAYS like to trade with X thousand and 357 shares-easy way to track your action on L2.)
We will either get rich from this,or go bust,imho