Why would you think investors would flock to LEHGQ first. Most are ill informed to know that LEHGQ exists.
They will all flock to LEHNQ commons since this is the symbol used in EVERY news release about Lehman.
With so few shares LEHGQ is the least liquid, and an informed buyer would buy the cheapest share to be found among the preferreds. Or at least the one that could be bought the easiest, which would be LEHJQ with 66 million shares in the float.
You're misinformed postings about LEHGQ are misleading to newbies, and if you believe what you have been posting you need to to do further research as I have been doing here since 2008.