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time4achange53

09/27/09 8:11 PM

#6735 RE: Relentless93 #6734

Relentless93: Precisely!! ;)......

The average amount of individual securities traded in a day or over a specified amount of time. Trading activity relates to the liquidity of a security; therefore, when average daily trading volume is high, the stock can be easily traded and has high liquidity. As a result, average daily trading volume can have an effect on the price of the security. If trading volume isn't very high, the security will tend to be less expensive because people are not as willing to buy it.
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OTC BB King

09/27/09 9:09 PM

#6736 RE: Relentless93 #6734

If LEHFQ and the other Lehman preferreds get a 10% distribution, it does not matter the average daily volume, you will still get $2.50 because of the $25 face value. If you are in for the play, than you will want to own the ones that are the best value... for now those are LEHFQ, LEHCQ, and LHHMQ. Good luck.