1. They kept their company solvent without the help of the Feds and the American taxpayer. They remained a private business.
2. GM wont have to pay close to 45 billion in taxes on “carry forwards.” What a sweet deal and preferential and special treatment from the Feds.
Wonder what other shenanigans the Feds will pull that will help GM? Will they look the other way on recalls, litigation,...
You tell me which one will be the better stock long term.
Note, Ford has been on a tear as of late and closed over 17. It was March of 09' you get Ford for less than 2 bucks a share.