Read closely. GM
issued good news for another quarter, as reported on the Autoblog home page. Quietly, in a late paragraph, the article notes that GM begun filing with the SEC a form titled S-1. other reference is available
here at Wallet Pop, suggesting that GM could complete the process as early as tomorrow. This could put GM within days of an initial public offering, althought it could take longer.
After the good news of GM success in 2 quarters and a strong product line, GM is in a great position to make big waves in the IPO. Rumors have suggested that this IPO could be the largest in history, although stock would best maintain its value if liquidated slowly.
GM is at a pivotal time in its history. With the re-release of the Camaro, new investment in future powertrains, and fuel economy leaders Cruze and Volt being released this year, GM has a great case for high-valued stock and strong investor support.
Discuss.
