There are 12 different Lehman shares that trade. Out of these I own only 4 (LEHKQ, LEHLQ, LHHMQ, LEHNQ) as they are shares of bonds and considered debt. They will need to be paid before the other 8 get anything IMO.
So far as what will happen after Lehman emerges from bankruptcy, only Edgar Cayce knew the answer. Hopefully someone will find his notes some day? Seriously, no one knows the answer!
I am here as many others who see a giant 160 year old business that has filed BK and are betting that there will be enough assets to at least pay those 4 CT shareholders.
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