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Old 01-13-2010, 03:54 PM   #9
1bad65
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Drives: 2007 Mustang GT
Join Date: Jul 2009
Location: Austin
Posts: 1,148
Quote:
Originally Posted by DGthe3 View Post
As I understand, that is based on the current value of bonds ... which is 50% of what they were a year ago (I think). Also, the act of selling stock should actually raise the value of their stock, since it is a positive sign of recovery for the company. If it gets timed with the release of a quarterly profit announcement.
When is the last time GM had a profitable quarter?

Quote:
Originally Posted by The_Blur View Post
Do you think a democratic country wants to sell ownership to a communist country? It won't happen like that.
GM sold Hummer to China.
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