Replies to post #110495 on Lehman Brothers Financial SA (LEHNQ)

[goodietime]

" that's why I recently 'transferred' 'in kind' a Bulk of my Lehman CTs sitting in an 'Individual Brokerage Acct' to my Roth IRA"

THAT Is an EXCELLENT IDEA for all current holders of the CT's!
Mine were bought in a Roth IRA.
I tried to transfer some WAMU securities to a Roth, but they currently have '0' value.
To transfer into a ROTH IRA it HAS TO have some value. So the current pps of 0.0003 should be enough to qualify.
GOOD MOVE! imo

[stockanalyze]

do you see any shenanigans in the transfer process that brokerage ends up liquidating and then cannot buy back ? there is no transfer agent i think that is why i ask. not sure how the transfer process works . the shares are locked in us as you know but only trade in canada. did any of you successfully did the move to roth recently? which brokerage?