[wetgundog]

Goverment Motors and Chrysler are Walking DEAD corporations. In a few years (maybe 4) they are going tobe in the same position they were in 2008.

The GM stock is a pump and dump stock it will below 33 at the end of the first quarter of 2011.

FUBO and Geithner too.

[nascarnation]

GM stock is a pump and dump stock it will below 33 at the end of the first quarter of 2011.

Are they trading options on it yet?

[BenLurkin]

Key Statistics
Forward P/E (1 yr): N/A
P/S (ttm): N/A
Ex-Dividend Date: N/A

Analysts
Annual EPS Est () : N/A
Quarterly EPS Est () : N/A
Mean Recommendation*: N/A
PEG Ratio (5 yr expected): N/A

[taildragger]

Goverment Motors and Chrysler are Walking DEAD corporations. In a few years (maybe 4) they are going tobe in the same position they were in 2008.

Ding, Ding, Ding...Winner Winner Chicken Dinner.

I had a very interesting conversation with my auto gnome who does not work for the two mentioned :-).

In our discussion I noted, we do not know what the real balance sheet is because in essence they have been privately held for almost 2 years and are they really keeping the books to GAAP standards? What are they doing with all the debt? i.e. they have to show it in a real accounting fashion now.

Also, now they have to conform to Sarbanes Oxley, if the books are cooked the CEO goes to "da bigga house". Serious as a heart attack. At somepoint we will find the real Asset Value of Gm and it may be way below this vaulted 50 billion.....