Replies to post #47917 on Lehman Brothers Financial SA (LEHNQ)

[camaro4me]

IMO the $25 is for shares acquired before a date which I don't believe has been announced yet. I would guess it would be a September or October 2014 date. I have purchased shares from 6 cents to 60 cents. I have added to my position recently with funds I could scramble up. Most of us here are up to our eyeballs in these stocks. I would say it is certainly worth a gamble to buy in at this point.

The CTs (these 4 stocks) are not in bankruptcy, notice they are still trading. Preferred and common stocks are in bankruptcy, not trading and locked up in One Big Share (OBS). What this means is that CT distributions may be handled differently.

[robigus]

The CTs are in class 10B. As many of us here read the Plan (POR), we think that classes 1-9 have been satisfied/paid in full according to the POR. So with the upcoming 6th distribution this October 2nd, many here believe that our (10B's) turn at the table has finally arrived. And because we were not allowed to vote on the Plan, we never agreed to settle on accepting less than our $25 price, we should be in line for FV and, as Camaro says, about six years of cumulative interest. IMO

Many of us here have been holding for years, having purchased these for under a nickel. No need to to keep buying, we are already loaded. Just waiting.