Best way to contact me is here on the Zombie Dancers board as I do not have private messaging. Only 13 boardmarks here so this board is also a zombie too. LOL
Just replay to any of my posts and I will respond.
13,191 LEHPQ's at .35 cents was a fire sale! Glad you snaged some of them. I don't know what to make of it as the MM's show it as being out of sequence for some reason? http://ih.advfn.com/p.php?pid=trades&symbol=LEHPQ I do have a few P's at about a buck. Those CT's just don't have much volume, as everyone is in a holding pattern with many sly foxes waiting on the bid side for whatever crumbs may fall. I have been away most of the day, but your post made me take notice of those P's. Sure can't go wrong at .35 cents--that was a great buy, IMO. GLTY Mic
What better way can you think of for a hedge funds group to buy more debt cheap? How about a disclosure which will indicate there will be no recovery for certain classes. Then start buying up all those classes for the next several months before updated financial information shows substantially more assets and recovery. Some cities and other organizations of Paulson group also holds subordinate notes.