Quote:
Originally Posted by UCI CamaroFan
Government would have to sell the rest of their stake at $53 a share to get their money back. I do believe that they can get that in a year or two, because GM is projected to make so much money in the future.
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I doubt that very much. You guys need to understand that $33 at the current O/S is very different from $33 at what the o/s will be in two years. If GM hits the $50s after all the coming dilution, it would be because of some
SERIOUS profit on GMs part. At this point it is almost unimaginable. If GM can hold $30s for the next few years it would be a massive success. $50s would be an absolute miracle.