dmilkman207

Is It as Simple as New-GM vs. Old-GM?

I am for one quite bullish on GM long term prospects. Why? great brand loyalty with a good chunk of consumers. Not like they used to have,but enough to be quite sucessfull. Now that they will shed that retiree overhang, they might be just make money. They can not go bankrupt again, can they? I think maybe in the next few years there will be major breakthroughs in new technology with gasoline a thing of the past, everyone will in the new auto market. GM, with the backing of the US goverment will be positioned to do nicely. Lastly, no one gives them a chance. A sure sign their new stock ,when traded will skyrocket. I am happy to say I am in, when my GM notes are converted to equity. I am holding on to them, I expect 100 cents on the dollar someday. (It may take a few years)