We examine the effect that the subtraction of multiple photons has on the statistical characteristics of a light field. In particular, we are interested in the question whether an initial state transforms into a lasing state, i.e., a (phase diffused) coherent state, after infinitely many photon subtractions. This question is discussed in terms of the Glauber P-representation P (α), the photon number distribution P [n], and the experimentally relevant autocorrelation functions g (m) . We show that a thermal state does not converge to a lasing state, although all of its autocorrelation functions at zero delay time converge to one. This contradiction is resolved by the analysis of the involved limits, and a general criterion for an initial state to reach at least such a pseudo-lasing state (g (m) → 1) is derived, revealing that they can be generated from a large class of initial states.