GM Reverse Split Creates Problems for Dow Jones [View article]
Screw GM with their 100/1 split. They will move their price out of the hands of the common investor and rachet the price down to sub penny stock for the current share holder. No way is this in the hole company worth $150 to $200 a share. A 10/1 split is more reasonable making it accessable to the common buyer willing to take a risk at a more affordable $15 / share price. They are not at the point yet of not being listed, I say no reverse split at all. If they go bankrupt and all the shareholders loose their money I want them to burn their factories to the ground and cut their equipment up with a torch, none of this we changed are name sorry you got screwed!
The only hope they have is to market a $ 30,000.00 volt will a heck of a good warranty and energy tax credit. It needs to be plug in, it needs to be now!
This company can be turrned around as chrysler was years ago, they need inovative young minds focused on both the short and long term. The car lots are full of same as last year thinking, time for something new they can take a lead in! Governmemt Motors, god I hope not, so far they are being pushed in the right direction (with the exception of honoring retirement pensions and benefits) If they can't honor their agreed upon legacy benefits they need to start chopping heads at the top and yanking their benefits first. CFO needs jail time!
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Latest | Highest ratedGM Reverse Split Creates Problems for Dow Jones [View article]
They will move their price out of the hands of the common investor and rachet the price down to sub penny stock for the current share holder. No way is this in the hole company worth $150 to $200 a share. A 10/1 split is more reasonable making it accessable to the common buyer willing to take a risk at a more affordable $15 / share price. They are not at the point yet of not being listed, I say no reverse split at all. If they go bankrupt and all the shareholders loose their money I want them to burn their factories to the ground and cut their equipment up with a torch, none of this we changed are name sorry you got screwed!
The only hope they have is to market a $ 30,000.00 volt will a heck of a good warranty and energy tax credit. It needs to be plug in, it needs to be now!
This company can be turrned around as chrysler was years ago, they need inovative young minds focused on both the short and long term. The car lots are full of same as last year thinking, time for something new they can take a lead in!
Governmemt Motors, god I hope not, so far they are being pushed in the right direction (with the exception of honoring retirement pensions and benefits) If they can't honor their agreed upon legacy benefits they need to start chopping heads at the top and yanking their benefits first. CFO needs jail time!