Lehman Brothers Holdings Inc. (fka LEHMQ)

[Anonymous Nobody]

Understand why someone would sell LHMMQ at .01. They bought them at $25. It's in bankruptcy. If they hold, they can't claim a loss until the end of bankruptcy, 2009-2010 tax year. Selling now secures a write off for the loss. If you paid $25, what's the difference between .05 and .01 or even $1. I actually got me a few at .01.

I hope there are more opportunities like that and I have GTCs in at the low levels with several brokers. For instance, the .01 were via ETrade, but I had a GTC with Hudson and Knight at .03 and it didn't execute.

That's the game of the greys.