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Anybody out there think these shares might get frozen in the next couple days? Just a hunch, but it wouldn't surprise me at all...
Is anybody seeing any movement today? All I can find is 0's...
Finally caught up with reading. Doesn't take long to fall behind these days.
It's painfully obvious that no one knows exactly what is going to happen, or when. But here's my offer...
I'll take FV and divi's. That's enough to make me happy. I'll take the high ground, and waive the interest. That's just the kind of guy I am....
There...if the right people read this, that offer should seal the deal in no time. Y'all are welcome...
"Money is not created, it is only Transferred from one person/entity to another. "
Don't let the government hear you talking like that...
Guster...I have a daughter in 4th grade who has math homework using < and >. She can explain the difference to you, if you'd like, as you are apparently confused. When you use them incorrectly, your post makes little sense...
Should be interesting to see how the n's react today. I would assume at least a little uptick...
Jersey...where were you in Carlisle? I have family there, and get down that way a couple times a month.
If you head back, let me know. I'd be happy to buy you a cold libation of your choosing.
Something major has taken place. Something that has put billions more in our coffers. The end game seems to be starting to play out, and things are looking better every day.
And what happens? Nothing.
Not one little tick.
I don't get it. Something doesn't make sense.
Let's get it out of the way...Happy New Year, yous guys!
Now...if we're expecting any type of direct payment, shouldn't we be watching for these to stop trading first? Or wouldn't that be necessary?
I thought my phone was acting up. It IS getting extremely annoying...
Pencil me in for 38,000. Mostly hh's.
Not much compared to some, but if it plays out right, it's a bunch by my standards.
Any movement on these today? I see zero volume everywhere I look.
I saw your inside info...good work. I'm going to pump my dentist for some information tomorrow. His brother is a mailman...he talks to EVERYBODY. There's bound to be someone on his route with some good information.
The half-pump, half-bash post....
Does that make you a "pusher"? Or is it half-bash, half-pump...a "bamper"?
That's it...new word for the day...Jersey is our resident "bamper"!
Help a layman out...what is the significance of updating a master service list?
Yep...we're all older. Heck, when I bought this, I was still working. Now I'm enjoying full retirement at 47 years old. Life is good! My wife is suddenly very interested in Lehman's. She has a plan, and a number in her head. If she sees it, she says she's retiring, too!
I hate running out of chances!
Just catching up on today's posts. There was some good reading until you showed up...
After several years of speculation, conjecture, and crossed fingers... finally something concrete.
Something might actually be happening here. Should be an interesting week.
As hot as it is here, you'd be the crazy one. Out walking the dog!
Give him the leash...he can walk himself. I'm not going out there unless I have to.
Hard to keep up with all of the reading these days. You guys and gals are doing some good work.
Most of us have been holding for years, waiting to see how this all plays out. Things seem to be happening now, but I'm still not convinced. The only thing I'm sure of is that one of two things is going to happen. Either we all continue on, with our lives pretty much the same as they are, or our lives are going to change immensely.
Whatever happens, I don't think we're talking years anymore. It's beginning to feel like we may have our answer in months, if not weeks.
Keep the faith, fellow Lehmanites!
I just don't think we'll see divis. Seems they have found a way around everything else that has been thrown at them. I'm not going to be surprised when they pull another rabbit out of their hat and avoid divi payment, too.
Maybe I just don't want to get my hopes up...
IMO...we'll see it sometime around the 7th Friday in July.
Don't get me wrong... I'd love to see FV plus divis. I just don't think it's going to happen.
That's a little too much of a pipe dream for me to wrap my head around.
I'd love to be wrong.
I really hope you guys are right, but one thing has me concerned, or at least confused. If I understand things correctly, we have already received disbursements, but they have immediately been "reallocated" to other classes. How does this not count against us later? I can see someone announcing "you already got yours. You're done.". Is this not a possibility? Someone please explain that this can't happen and make me feel better.
I thought I knew what was going on about 2 years ago. Now I realize that I am hopelessly lost, and just along for the ride. Still holding a big handful, it's all or nothing at this point.
Does anyone see any volume today? I'm seeing zeros.
I got the same letter zulual got. I may be reading it all wrong, but it sounds to me that they are just telling us when and how we will receive information for use on federal tax returns. Does anybody actually know how to handle their cancelled shares on their federal returns?
That's all I'm seeing in my letter. I'd love to be wrong. Someone please explain how I am.
I haven't gotten anything, but today's mail isn't here yet.
I don't understand everyone's hesitation about sending these in. You're not losing anything by sending them in, but you could lose a lot by doing nothing. If you're really concerned that you'd be wasting an envelope and a stamp, maybe you shouldn't be here in the first place. This whole thing has been a poker game since day one. Don't voluntarily fold your hand by not calling their raise of $1.00 this late in the game.
Cotton...thanks for all you do on here. I don't add much, but follow along closely. The one question that's always in the back of my mind...The members on this board can't be the only ones following Lehman's. If there is such a good chance of a big payoff, what is holding things back now? Why don't we see at least some forward movement?
My retirement is scheduled for the middle of next April. I can't think of a better retirement gift than a nice payout on these CT's...
Just sitting back watching for now. What else ya gonna do?
It does say shareholders, doesn't it?
That does sound good, but take it with a grain of salt. We all know how dependable some of these "news sources" can be.
OK...I'm in with a small position while I do a little more research. If I like what I find, I'll be adding more. Sounds like there may be some potential here...
What ever happened with the NOL's? I remember a while back everyone was talking that we could be getting a chunk of change back due to a change in filing requirements. Haven't heard anything for quite some time, though.
Is this possibility still on the table, or did I miss something along the way? (...that is a definite possibility...)
Happy New Year to all, and here's to the smoke clearing from the Lehman's landscape a little bit in 2011!
Relax and have fun doing whatever it is you do to celebrate the hanging of a new calendar in your kitchen!!
Stay safe, and we'll try to get this all straightened out next year!
They keep filing suits and the money just keeps rolling in...
...at just about the right pace to keep up with the skyrocketing attorney's fees.
Are we really making much progress, or simply being sucked dry by those who are litigating this mess ad infinitium?
We're not seeing a lot of progress, but somebody is giggling all the way to the bank...
What's going on today? Did I miss something?
I agree completely. Just sitting and waiting for now, not expecting much to happen.
Not even thinking of selling. I do, however, add a few every time I find change in the cushions...
dak,
Thanks for your explanation. Maybe I just misunderstood you. I'm aware that CT's have to be paid first. By "much closer to payout" you meant closer to the top of the pile, correct?
I read it as "CT's next month, pref's and commons next year" ("month" and "year" timeframes are just my examples to explain my thought process...not any prognostication...)
I hope I explained that OK. I guess what I'm saying is when you said closer to payout, I thought you had a time frame in mind.
I'm easily confused...
Long
dak...
Maybe I'm not keeping up. What makes you think CT's are closer to a payout than anything else?
Long
That's what it looks like to me, too. Then again, I don't claim to know much about all of that legalese...
14.7%??? I'll take it...sign me up.
I really thought there would be a lot more discussion about this whole issue this morning. Kinda surprised by how quiet it is in here...