Replies to post #8603 on Lehman Brothers Holdings Inc. (fka LEHMQ)

[stripus]

Commons are the big crap shoot, and I never understood why the common were higher than preferreds. I see them as only for momentum trading.

I am buying up the Capital Trust shares here.
Personally I would love to see this CT's to .0005 again so I could buy more. But I don't see these CT's drifting down from here since there are only 48 million of all of these combined.
We own these as lottery tickets with the "odds of a lifetime" and the potential for a huge payoff.
Eventually we will all own the float and who would then sell down here? I think this is why we have seen support levels at .05 as many of us are adding what ever we can at the bid.
No reorganization plans have been accepted yet and nothing has really changed, so get common, preferred or CT's while you can get em on the bid at these levels are my thoughts.