Thread: White House Approves $17.4 Billion Auto Loans to GM & Chrysler
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Old 12-19-2008, 07:31 PM   #66
Hylton


 
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Join Date: May 2008
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Quote:
Originally Posted by fastfret7 View Post
Yes, my GM stock might go up now!!!!
If it does, it will be a dead cat bounce. Part of the agreement states that 2/3rds of the debt be converted to common stock. Can you say dilution?
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