Wow: Keep an eye on GM is like saying look over Barack Obama's shoulder. What they hell can they due the Gov't owns them 100% right now until they issue stock which will happen about the same time we have National Health Care. Which will be NEVER.
On Jul 24 10:04 AM hoffman23 wrote:
> Keep an eye on GM. The newly introduced 2010 Chevy Equinox ( only > available for 1-2 weeks) is hotter than hot. The dealers can't keep > them in stock. And a big player in that category is Ford Escape. > Chevy is going to eat Ford's lunch and Ford is going to lose big > in that profitable category. So watch that cash burn rate. It might > be increasing sooner than one might think.
So to much free credit (subprime loans) that caused the economic chaos, that led to lack of credit (not be able to finance a car) which helped to dump sales, will now be politically selective cheap credit that will lead to the further downfall of another industry. Great, seems like real progress.
Playing the Auto Bailout With Yields as High as 45% [View article]
No, these payments do not qualify as dividends. They are interest payments to the shareholder. As such they are not subject to the 15% capital gains rule. According to the perspectus, the dividend can not be suspended. (GMS)
On Dec 10 05:37 PM joeevan wrote:
> The rescue plan notes: "As long as the loans are outstanding, the > auto companies would be barred from paying dividends to their shareholders > or bonuses to their top executives." > > Does this stipulation apply to the convertibles and related certificates > or just dividends for common shares? > > Thank you.
Ford and the New 'Profitability' [View article]
On Jul 24 10:04 AM hoffman23 wrote:
> Keep an eye on GM. The newly introduced 2010 Chevy Equinox ( only
> available for 1-2 weeks) is hotter than hot. The dealers can't keep
> them in stock. And a big player in that category is Ford Escape.
> Chevy is going to eat Ford's lunch and Ford is going to lose big
> in that profitable category. So watch that cash burn rate. It might
> be increasing sooner than one might think.
Why Ford Is a Goner [View article]
Playing the Auto Bailout With Yields as High as 45% [View article]
On Dec 10 05:37 PM joeevan wrote:
> The rescue plan notes: "As long as the loans are outstanding, the
> auto companies would be barred from paying dividends to their shareholders
> or bonuses to their top executives."
>
> Does this stipulation apply to the convertibles and related certificates
> or just dividends for common shares?
>
> Thank you.