Replies to post #573 on Lehman Preferred Series "J" Preferred (f

[stripus]

I don't think you will see anyone moving from the Trust preferred classes to other preferreds. People who own LEHKQ, LEHLQ, LHHMQ, LEHNQ realize the value of what they hold, and will hold onto them. They represent a true once in a lifetime opportunity.
IMO, you will see overall interest grow in the Lehman preferreds from everywhere else though and especially the J's due to their potential high interest value and 66 million share structure.
People all over the globe have been Lehmanized by the media into thinking this company was dead, gone and buried. You cannot believe how many people I have talked with that think Lehman no longer exists at all.
I have always believed that the reserection of Lehman from bankruptcy will be the best economic news the world could hear. Such news when it happens, will I believe, help restore the world's economy again. Then being Lehmanized will become a net positive and optimistic term of triumph over adversity.
A better example of a global economic turnaround I cannot think of, because all of these huge accomplishments will be done without outside intervention by the government.