Wonder which hedge fund will unlock the hidden value in GM? GM goes bankrupt, bonds plunge to 10% of par value, some big guy buys up all the bonds and debt at discount, gets a ton of the new issued shares while kicking the pensions to the PBGC. And he becomes rich and the ticker is GMHD(GM Holdings) Sounds familiar?
i was at an Autoshow yesterday and other then the upcoming Saturn Sky and released H3 Hummer the GM exhibits were DEAD --- very noticeable. i would not buy GM with even Coolweb's or Steve46's money {}.