11-20-2009, 03:32 PM | #15 |
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. |
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11-20-2009, 03:33 PM | #16 |
Drives: 1971 Z28 Join Date: Sep 2009
Location: Morristown, In
Posts: 119
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US government 67%
Canadian 30% UAW 3% |
11-20-2009, 03:35 PM | #17 |
Drives: 2014 Sonic, 2010 Camaro SS Join Date: Jan 2009
Location: Gig Harbor, WA
Posts: 2,453
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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.
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11-20-2009, 03:46 PM | #18 | |
To All Veterans
Drives: 2010 2LT RS Inferno Orange Join Date: Sep 2009
Location: New Port Richey
Posts: 471
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Quote:
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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- |
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11-20-2009, 04:20 PM | #19 |
Drives: Cyber Grey 1SS/RS w/Body Kit Join Date: Sep 2009
Location: Swansea, Illinois
Posts: 389
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I like where this is going, Im buying 1000 myself. GM is gonna come back, we all know this.
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11-20-2009, 04:34 PM | #20 |
To All Veterans
Drives: 2010 2LT RS Inferno Orange Join Date: Sep 2009
Location: New Port Richey
Posts: 471
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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- |
11-20-2009, 04:40 PM | #21 |
juggernaut
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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. |
11-21-2009, 12:13 AM | #22 |
Drives: 2010 SS Join Date: Nov 2009
Location: So Cal
Posts: 2,197
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I like GM, I love American!! (I miss Made in America)
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11-22-2009, 12:31 AM | #23 |
Drives: 57Chevy TrailblazerSS 73Camaro Join Date: Aug 2009
Location: Michigan
Posts: 341
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11-22-2009, 10:04 AM | #24 |
General Motors Aficionado
Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008
Location: Florida
Posts: 37,371
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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...
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