General Motors' Natural Share Level: Can GM Be Like IBM? [View article]
yup your right, but its kind of like saying, if i made 30 million a year, and I didnt have to pay off the interest on 30 billion a year, how much i would be worth. Gm has alot of issues, from healthcare,labour, debt, to slowing sales. Your right, if they get ride of all of them, yeah gm is worth alot. This process is called bankruptcy.
General Motors' Natural Share Level: Can GM Be Like IBM? [View article]
Yup, your right, but the only way to achieave all your saying is a bankruptcy. Its kind of like saying, I make 30 million a year, but I have 30 billion in debt, and dammit if i didnt have to pay the interest on that debt, I could have 30 milllion in free cash flow. GM has value, but to unlock that value you have to go throught bk. you have to renegotiate all kinds of costs at gm or cancel out debt , to reach that so called value spot.
General Motors' Natural Share Level: Can GM Be Like IBM? [View article]
General Motors' Natural Share Level: Can GM Be Like IBM? [View article]