Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

No one is asking you to buy the CTs.

They are on the grey market and can't load up the truck with them because they trade about 5,000 a day on average.

Why?

A lot of people are holding onto them until the Estate leaves BK.

How do they leave BK?

Is it a Chp 11 or Chp 7?

It is a Chp 11 with an approved POR so a new company exits BK.

Why don't they raise the price?

Many won't buy on much volume at a higher price until the CTs are brought current.

Until then, IMO, its been 2.5 years since Marsal wanted to exit BK, and they can still go Chp 7 and into liquidation while CTs get zip...