Quote:
Originally Posted by dbotsfordtat
They're talking about a surgical bankruptcy, I'm assuming that means special treatment. Consumers generally have short attention spans, including myself, IMO GM will be a much stronger company after bankruptcy even with a short term drop in sales. As far as stocks are concerned, I'm certainly no expert but I'll be looking for an initial public offering after bankruptcy for common stock. Even with a new and improved GM though, don't forget we're in a very bad recession, so car sales may be years away from a recovery.
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I like what this guy said.