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Re: A deleted message

Saturday, 09/07/2013 9:01:39 AM

Saturday, September 07, 2013 9:01:39 AM

Post# of 111144
Hey Wamu. Everybody here has done their own DD and made a decision on that DD. There is no convincing anyone different. The truth is everyone here, including myself, is speculating on what might happen. I myself don't see a recovery anymore. I ask myself is why would this company, would be any different than any other company in bankruptcy and keep the shareholders intact. Oh yeah there are a few exceptions to this(very rare). Everyone talks about divies (nothing appeared). I read "gifting" yeah Ok their gonna gift us out of the goodness of their heart. As far as full face value payment, If they knew about "up-listing, they must know a lot of people bought in at pennies on the dollar for all stocks offerings, after bankruptcy petition was filed. Even bondholders(including people who bought in after the collapse on pennies on dollar) received small percentage of payout. but yet cts, which is preferred stock is gonna get full value. No I don't think so, cause bankruptcy law trumps policy/guarantees. Again there is no law/policy or anything that says a stock cannot trade when a company is bankrupt and is very risky. This is all imo of course, and I'm not going to try to convince anyone their DD is wrong. I hope i'm wrong and everyone here makes millions, but I think there is gonna be a lot of disappointed people here when the Lehman clock finally stops.