Replies to post #1393 on Lehman Bros 7.25% Pref''d Series P (fka LEHPQ)

[rockie101]

Where did the .50 come in....had to leave with 1 1/2 hours left before market closed.

[coach tequila]

Viva:

I was thinking the same thing so I checked the time and sales at www.otcbb.com

You will see a (z) trade that looks like it was posted for 81000 shares at $.50 today at 15:43. The (t) trades took place earlier and have no new relevance. Ia am not sure what a (z) trade means. Anyone?

t 1.25 17427 OTO 16:06:12
t 1.25 1000 OTO 16:00:30
1.25 200 OTO 15:59:29
1.25 500 OTO 15:58:41
1.25 7000 OTO 15:58:04
1.25 300 OTO 15:57:51
1.25 815 OTO 15:57:27
1.28 269 OTO 15:56:41
1.40 500 OTO 15:54:19
1.40 500 OTO 15:52:58
1.50 100 OTO 15:51:48
1.50 100 OTO 15:51:46
1.50 500 OTO 15:46:59
1.50 50 OTO 15:45:42
1.50 650 OTO 15:45:35
z 0.50 81000 OTO 15:43:32
1.50 1000 OTO 15:42:06
1.50 3161 OTO 15:41:19
1.50 100 OTO 15:34:17
1.75 50 OTO 15:33:50
1.75 800 OTO 15:33:31
1.75 300 OTO 15:23:17
1.48 6000 OTO 14:20:41
1.50 657 OTO 14:19:03
1.50 200 OTO 14:16:15
1.50 200 OTO 14:13:56
1.50 260 OTO 14:11:32
1.50 125 OTO 14:06:19
1.50 175 OTO 14:05:22
1.50 1000 OTO 13:54:38

Looks like something to do with yesterday's trade for 81K. Maybe someone made a mistake with the order, it had to be "backed out" and the MM is trying to get on the "right side" again with positions.

Good Luck,
Coach T