Quote:
Originally Posted by The_Blur
I'm hoping that any foreign investment is severely limited in the IPO, especially after China's announcement that it may require foreign automakers to share technology with Chinese automakers in order to do business in China.
|
It was already announced by the aministration that there would be limits.
Quote:
Originally Posted by KKreme15
They aren't buying the whole damn company! Just a single digit share, everyone needs to chill
|
There will be a lot of foreign investment. If it an opportunity for you and I to make money.............it's an opportunity for them. The key will be if it is considered solid enough that institutional investors jump in, i.e. retirement funds etc.
Quote:
Originally Posted by motorhead
That's just where it starts. Besides how do you know how much they are trying to purchase. GM hasn't even gone public yet.
Plus there are too many people chilling these days which is causing this country to get bought out right from under us.
|
Quote:
Originally Posted by Berean
Why would this be any different than before bankruptcy, if the same Chinese company bought a couple million shares?
In a free market, you can't really stop anyone from buying stock in a company.
|
Before the bankruptcy you would have been buying a company Billions in debt and with a crappy non competitive union contract. Now on the other hand...........................
Quote:
Originally Posted by motorhead
We put ourselves in the hands of the chinese with the thinking that has been going on in this country for years. I don't have the chinese thank. I have the crooks in Washingtion to thank for screwing it up. The fraud you speak of, is the reason that China owns us. You got it backwards.
|
One small problem there..........we all voted them in. Those crooks speak for us.
Quote:
Originally Posted by motorhead
Your right. As I also have the right not to buy any of there products if they sell shares to China. Which was really all I said in the first place.
It really saddens me as an American to see people defend this kind of thing. :(
When your all working for Wal-mart or worse yet out of job all together ,then one day maybe you'll wake up to what's really going on.
|
GM won't be selling share to the Chinese. GM has no way to specifically prohibit who or what institution buys the shares. In fact the Chinese likely owned shares before the bankruptcy. So I would hate to see you change your mind because of that. GM won't become a foreign owned company from this.
And as for your last comment............preaching to the choir