I agree. why would anyone put themselves at such further risk? It's bad enough we are trading a bankrupt stock. I prefer the common stock where i know there is still a bid and i can get out. those preferred are lookin way too risky.
>>Look at the volume, you can buy but can't sell for those preferred shares. It is a high risk, just trade the stock and don't think you buy this stock to prepare for making any claim, right?<<<<<
I think I mentioned in a earlier post that if you are trying to daytrade LEH you are better off with the common. If you hoping to gain something from the bk shares longer term, you are much better off with the preferreds.
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