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General Motors prices shares in one of biggest IPOs ever
NY Post ^ | November 17, 2010 | AP

Posted on 11/18/2010 2:55:51 AM PST by Scanian

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To: Scanian

Are they going to Pay back the bond holders they ripped off??


21 posted on 11/18/2010 5:13:57 AM PST by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: Scanian

How can this stock sale be called an IPO? The company was founded over 100 years ago.


22 posted on 11/18/2010 5:22:17 AM PST by shove_it (just undo it)
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To: Cheetahcat

“Are they going to Pay back the bond holders they ripped off??”

Exactly...why isn’t the news all over this, where are the lawsuits?


23 posted on 11/18/2010 5:22:59 AM PST by wxgesr (I want to be the first person to surf on another planet.)
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To: Scanian

I don’t see any pre-market activity. It must not be allowed.


24 posted on 11/18/2010 5:24:26 AM PST by ZX12R (IMPEACH OBAMA NOW!)
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To: ZX12R

I was wondering about that.

My guess is it either stays flat or goes down.


25 posted on 11/18/2010 5:26:43 AM PST by Scanian
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To: Scanian
My guess is it either stays flat or goes down.


I would guess completely flat, and on very low volume after the initial morning trades. The only ones buying this POS are going to be those who want to try and convince others to do so.
26 posted on 11/18/2010 5:34:58 AM PST by ZX12R (IMPEACH OBAMA NOW!)
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To: Scanian
Yikes. How bad is your company if even the Federal Government doesn't want it?

They want little kid's lemonade stands, for crying out loud!

27 posted on 11/18/2010 5:36:27 AM PST by dead (I've got my eye out for Mullah Omar.)
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To: ZX12R

Just for grinns, I put in a limit order to buy 10 shares of GM @ 26.00.


28 posted on 11/18/2010 6:01:26 AM PST by shove_it (just undo it)
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To: Scanian

What a scam. If you aren’t George Soros or Warren Buffet, call your broker and try to pick up 100 shares and see what happens. You’ll find you don’t qualify according to the SEC. So this is only for the big boys even though they blatantly say on TV that it is for everybody. “We” bought the damned company, “they” gave the shares to the unions and canceled the previous individual investors’ accounts, now they are selling the union shares to the big boys ... who gets “rich” again ... the unions of course ... all done with our money.


29 posted on 11/18/2010 6:04:49 AM PST by ThePatriotsFlag (You are just jealous because the voices aren't talking to YOU!)
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To: ThePatriotsFlag

The Democrats once again prove to the country which is the real “elitist” party.


30 posted on 11/18/2010 6:30:44 AM PST by Scanian
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To: ZX12R

Has anyone read any of the data from the IPO prospectus..like how much the investment banks are making on this?


31 posted on 11/18/2010 6:34:00 AM PST by ken5050 (I don't need sex.....the government screws me every day..)
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To: Scanian

So, I should start thinking about changing my mind about voting for Obama in 2012???


32 posted on 11/18/2010 9:35:22 AM PST by equaviator ("There's a (datum) plane on the horizon coming in...see it?")
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To: Scanian
I wonder if the former bondholders, shat upon in outrageous, historically unprecedented, government criminality, will be buying in......

Still waiting for someone to explain to me why this wasn't a MAJOR news story.

This made Watergate look like jaywalking, which in actuality, it almost was anyway.....

33 posted on 11/18/2010 9:41:13 AM PST by EyeGuy (RaceMarxist Obama: The Politics of Vengeance)
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To: wxgesr

“Are they going to Pay back the bond holders they ripped off??”

Exactly...why isn’t the news all over this, where are the lawsuits??”

This has become sort of a Joke,complete violation of contract law, the basis of this country’s enterprise system and nothing is done!


34 posted on 11/18/2010 11:45:58 AM PST by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: EyeGuy

“...explain to me why this wasn’t a MAJOR news story.”

Because Obama’s supposed to be the story?


35 posted on 11/19/2010 6:06:01 PM PST by equaviator ("There's a (datum) plane on the horizon coming in...see it?")
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