Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com
 
Roto-Fab
Go Back   Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com > Members Area > General Automotive + Other Cars Discussion


Reply
 
Thread Tools
Old 11-20-2009, 03:32 PM   #15
MikeL
 
MikeL's Avatar
 
Drives: 2011 1LT/RS
Join Date: Oct 2009
Location: San Carlos, CA
Posts: 585
Yeah MTLQQ is a Liquidations holding company. The stock in essence will probably become worthless through time. It continues to lose money as the assets and the market are not helping it.

The new GM shares may not become available till earlier 2Q next year. Although that is what the current CEO wants, some speculate that may be too soon and it should wait longer.
__________________
Quote:
Originally Posted by fbodfather View Post
....and I'd love to tell you all about what we're working on, but then there's that fleet of Black Suburbans that show up when one says more than they should...............
MikeL is offline   Reply With Quote
Old 11-20-2009, 03:33 PM   #16
BigFish
 
BigFish's Avatar
 
Drives: 1971 Z28
Join Date: Sep 2009
Location: Morristown, In
Posts: 119
US government 67%
Canadian 30%
UAW 3%
BigFish is offline   Reply With Quote
Old 11-20-2009, 03:35 PM   #17
mikel441


 
mikel441's Avatar
 
Drives: 2014 Sonic, 2010 Camaro SS
Join Date: Jan 2009
Location: Gig Harbor, WA
Posts: 2,453
Didn't you read about GM possibly making public offerings for the New GM next year?

http://www.msnbc.msn.com/id/34027138

I think you invested in the old GM.
__________________
mikel441 is offline   Reply With Quote
Old 11-20-2009, 03:46 PM   #18
Susantroy1
To All Veterans
 
Susantroy1's Avatar
 
Drives: 2010 2LT RS Inferno Orange
Join Date: Sep 2009
Location: New Port Richey
Posts: 471
Quote:
Originally Posted by mikel441 View Post
Didn't you read about GM possibly making public offerings for the New GM next year?

http://www.msnbc.msn.com/id/34027138

I think you invested in the old GM.
Yep, sure did.... will go that route when offered. I'll watch this run if I lose 25% on my intiial buy... I'm out.... until then.....I'm riding If it rises I readjust my 25% markdown and continue on...
__________________
This Vet remembers those before and after me...
http://en.wikipedia.org/wiki/Van_Thomas_Barfoot
Thank you Mr. Barfoot for your service, Keep up the fight!
June 15,1919-
Susantroy1 is offline   Reply With Quote
Old 11-20-2009, 04:20 PM   #19
Gunmetal
 
Gunmetal's Avatar
 
Drives: Cyber Grey 1SS/RS w/Body Kit
Join Date: Sep 2009
Location: Swansea, Illinois
Posts: 389
I like where this is going, Im buying 1000 myself. GM is gonna come back, we all know this.
Gunmetal is offline   Reply With Quote
Old 11-20-2009, 04:34 PM   #20
Susantroy1
To All Veterans
 
Susantroy1's Avatar
 
Drives: 2010 2LT RS Inferno Orange
Join Date: Sep 2009
Location: New Port Richey
Posts: 471
Quote:
Originally Posted by Gunmetal View Post
I like where this is going, Im buying 1000 myself. GM is gonna come back, we all know this.
GM be very watchful and may I suggest you put in place some sort of stop loss to protect yourself
__________________
This Vet remembers those before and after me...
http://en.wikipedia.org/wiki/Van_Thomas_Barfoot
Thank you Mr. Barfoot for your service, Keep up the fight!
June 15,1919-
Susantroy1 is offline   Reply With Quote
Old 11-20-2009, 04:40 PM   #21
boxmonkeyracing
juggernaut
 
boxmonkeyracing's Avatar
 
Drives: VRSCF, 2011 SS vert
Join Date: Aug 2006
Location: kenly, nc
Posts: 3,343
Send a message via AIM to boxmonkeyracing Send a message via Yahoo to boxmonkeyracing
http://www.gm.com/corporate/investor_information/

please everyone interested in investing in GM read that link. highly vital to your financials if you are investing in them.
__________________
Quote:
Originally Posted by fbodfather View Post
We do not want to use the Z28 moniker on a car that does not deserve this hallowed name.
boxmonkeyracing is offline   Reply With Quote
Old 11-21-2009, 12:13 AM   #22
5thGenOwner

 
5thGenOwner's Avatar
 
Drives: 2010 SS
Join Date: Nov 2009
Location: So Cal
Posts: 2,197
I like GM, I love American!! (I miss Made in America)
5thGenOwner is offline   Reply With Quote
Old 11-22-2009, 12:31 AM   #23
brooks35
 
brooks35's Avatar
 
Drives: 57Chevy TrailblazerSS 73Camaro
Join Date: Aug 2009
Location: Michigan
Posts: 341
Quote:
Originally Posted by 5thGenOwner View Post
I like GM, I love American!! (I miss Made in America)
brooks35 is offline   Reply With Quote
Old 11-22-2009, 10:04 AM   #24
FenwickHockey65
General Motors Aficionado
 
FenwickHockey65's Avatar
 
Drives: 2023 GMC Canyon, 2020 Colorado
Join Date: Aug 2008
Location: Florida
Posts: 37,371
Send a message via AIM to FenwickHockey65
Shares of the old GM are virtually worthless. I highly doubt it'll hit over $1.00/share...if it goes anywhere above what you paid for it, I'd sell.

Wait for the new GM IPO next year if you want to buy GM stock. Until then...
__________________
2023 GMC Canyon Elevation
2020 Chevrolet Colorado W/T Extended Cab (State-issued)
FenwickHockey65 is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Ok so had the car for a week... Where are you putting your spare change?! JDBeck23 5th Gen Camaro SS LS LT General Discussions 49 10-08-2009 03:05 AM
60 day money back guarantee. Who makes these decisions??? MikeOC1 General Automotive + Other Cars Discussion 4 09-16-2009 07:37 PM
Putting in ss inlays and then taking them off later... G.E. Cosmetics and Lighting Modification Discussions 2 09-15-2009 09:38 PM
Putting on car cover alone, possible scratches. OHIOSS Cosmetic Maintenance: Washing, Waxing, Detailing, Bodywork, Protection 15 07-01-2009 09:40 PM


All times are GMT -5. The time now is 07:07 AM.


Powered by vBulletin® Version 3.8.9 Beta 4
Copyright ©2000 - 2024, vBulletin Solutions, Inc.