SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (31274)6/26/2008 11:10:42 AM
From: Madharry  Respond to of 78746
 
read somewhere that the credit swaps market is now pricing in a 70% likelihood of a default by gm through 2009. I thought of buying the preferred but decided not to. Did buy some GAIN though. I think Ive bought enough for one day.



To: Paul Senior who wrote (31274)7/1/2008 10:41:40 PM
From: Spekulatius  Read Replies (2) | Respond to of 78746
 
GM, i don't see this ending well. I think the preferred (which is actually senior debt) might be a worthwhile speculation or supplier DAN which got rid of most liabilities during bankruptcy. I think DAN has more than enough leverage to the car business and a recovery and much better chances to survive, IMO.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News