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Re: None

Thursday, 05/07/2009 10:13:09 PM

Thursday, May 07, 2009 10:13:09 PM

Post# of 4356
I'm not saying the run is over necessarily. All I'm doin is correctly pointing out that all of this is backd by nothing. We have learned not many new rthings at all. Have any of u contacted Lehman estate team members for some knowledge about what's going on? Its good Barclays and Neubarger seem to be making good on their buys of lehman entities, but other than that, we know nothing new. Don't underestimate MM's. I dislike them and don't trust them 4 a minute. I do think in the end, we will all make $ here, just depends on hw much and when. Prefd's should get sumthin unless they r purely toxic. I'm interested in adr's cuz they r foreign companies who issued stock thru Lehman to make it easier to trade their stcks on US exchanges. My logic wuld b that if they r still in business and not bankrupt, they will b able to recover something in the end. The question is what foreign entities r represented by the various adr's.? Trusts r great, but if they r debt equity laden and were mixd up heavily or bacd by derivatives, then u aint gonna get much. Timing is the name of the game. I sppent $50 on some of the adr's, only $50, and as of now, I've made ten twelve times my investment. I'll hold til the bitter end, and I pray I'll b laughing to the bank! All IMHO of course. Do some real DD and end the speculation. I hope we all get handsomely fatter in the wallet.
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