Vladimir Senkov

Why Selling Your GM Stock Makes Sense, Even If Bankruptcy Is Averted

theoretically (and only theoretically) if obama puts 100B into new GM and new GM has no debt, it could have a market cap of 80B.
in reality, we all know that to end up with a million you have to start with two. so it will be more like 50B.
then you get the UAW strings attached and market cap goes straight to 1B.
stock is trading where it's at for a simple reason: pump and dump is going on. it's the usual penny stock game some people play.

The Final Hours of GM?

Larry,

is wall st. to blame for GM's inability to become a profitable and sustainable business?
even if what you say is true, and I don't care if it is or isn't, what does it have to do with the simple fact that GM wasn't able to be and remain profitable?
who's fault is that?
GM's management for sure.
UAW leadership - maybe.
wall st? give me a break.

On May 22 05:33 PM Larry M. wrote:

> To GM's Bond Holders
>
> Ya know ........ the Various Wall Street Investment Banks Ratings
> Agencies have been Waging a WAR (Agains) GM for Years. There have
> been Endless Lies about the Wage Levels of UAW Represented Employees
> and in general the Public has Believed those LIES put out by various
> Wall Street Banks. Even the UAW Represented Skilled Tradesmen at
> GM peaked out at around $30 an Hour. Even if you count the Benefits
> of Hourly Wage Earners a Top of the Line Skilled Tradesman earned
> at most $45 an hour and Non-Skilled earned less than that. What did
> Toyota Employees Earn per Hour. About $45 an hour. And so the Wall
> Street Investment Banks and their Ratings Agencies Lied and Lied
> and Lied and Lied. These Banks stood by their belief that "If you
> tell a Lie often enough and Long enough the Public will eventually
> Believe the Lie."
> Sooooooooo Bond Holders .... you have the Wall Street Investment
> Banks to Blame for the Demise of your Bond Losses. IF it had not
> been for 30 years of Lies from Wall Street there is a Good Chance
> that GM would Not be in this Bankruptcy Situation that it is Currently
> in.
>
> Put the BLAME where it Belongs. On Wall Street.

The Final Hours of GM?

they care about votes. that's why UAW gets 40% while bond holders get shafted and screamed at.

On May 22 04:18 PM Karen Consumer wrote:

> "Remember, it is the bondholders who are supposed to be paid first
> during a bankruptcy, they should have the right to protect their
> property given the fifth amendment right to due process under the
> law."
>
> You remember that, I remember that, but the administration doesn't
> care about that. But whom they do care about seems to be in doubt.
>