Lehman Bros 7.25% Pref'd Series P (fka LEHPQ)

[CDR CHOP]

It is interesting to me that Lehman comes out of bankruptcy and then the stocks are closed and locked out and all value is zeroed. I guess I thought the opposite would have happened and that once Lehman came out of bankruptcy the stocks might increase in value. One would think that the stocks would have been closed and locked out once Lehman filed for bankruptcy in 2008 and not when they came out of bankruptcy in 2012. So what is eveyone's thoughts on this. What are some of you thinking the final outcome will be. Is our investments/speculation gone and zeroed out forever? Will the stock ever begin trading again? Do you think we might get some amount of shares of the new company? Will the LEHPQ we once owned be converted to common shares or preferred shares of the new company...or is it that no one really knows the answer and all we can do is sit and wait?