Discussion in 'Chit Chat' started by kxvid, May 6, 2009.
Bullish if you ask me.
It will go higher than 2 cents because the debt burden will be far less. The gov't will also be majority shareholder so GM is essentially backed by the government. My guess is 6 cents.
Stock is down modestly pre-market
100x dilution? Is that correct? That is insane. I was too scared to buy puts because of a possible short squeeze if BK was to be avoided. Wow was I wrong.
the putz are pricey einstein.
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