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 : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: RJA_ who wrote (9284)6/27/2008 12:27:04 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71402
 
GM is at a crisis valuation implying a larger restructuring. Many others are far ahead; while they might be in better shape they can significantly deflate.

Example CCL. CCL has (absent fixed assets) a pretty weak balance sheet; and its in the convenience segment. The full truth about their earnings (or lack of) is not told yet but the market is discounting it and fellow operator Royal.

The bad air is definitely, Goldman which never gets its foot out of its mouth and the pending S&P boot of GM.