Anyone who buys into this is a fool and will lose his/her money.
Yes, by all means, piss away a bunch of money on a ‘stock’ issued froma company that sold out its prime bond holders, surrendered it to Obama and the UAW health plan, AND WILL DO SO AGAIN IN A NEW YORK MINUTE when they piss away what you paid for their worthless bonds.....yes, by all means...
Anyone who buys into this is a fool and will lose his/her money.
Not even with the decimal point moved two places to the left.
A great confluence between two trains of thought: (i) there’s a sucker born every minute, and (ii) there is no way that GM and the UAW are going to be cut loose from the federal teat anytime soon.
Notice how NOTHING is every said about Chrysler? An even more hopeless government motor - GM is being used as the poster child for the “success” of the bailouts. No problem - just us taxpayers who are stuck.
Given GM’s inept management and corrupt unions, shouldn’t the stock price be 32 or 33 cents - not dollars?
Is there an 'H' please?
No one will buy it, so the Fed will, and call it “Quantitative Investing”.
Hollywood is doing their part to drive up the Government Motors stock.