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To: jazusamo

won’t be long and GM will be back in bankruptcy again anyways.

I won’t touch their stocks at a penny a share.


3 posted on 12/26/2012 9:00:05 AM PST by cableguymn (The founding fathers would be shooting by now..)
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To: cableguymn; lurk
Another bankruptcy is a real possibility. It'll be interesting to see what Obama will do if it indeed happens again and on his watch, it may be very difficult for him to pull off that stunt again.
6 posted on 12/26/2012 9:05:31 AM PST by jazusamo ("Mercy to the guilty is cruelty to the innocent." -- Adam Smith)
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To: cableguymn

Are you recommending a short or put options?
It’s trading at 27 now with about $20 in cash per sh on hand.


11 posted on 12/26/2012 9:11:45 AM PST by nascarnation (Baraq's economic policy: trickle up poverty)
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