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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (200388)5/5/2009 5:51:54 PM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
The pattern seems to be 55% of GM stock to UAW, 44% to the bondholders/taxpayers? and 1% to the common shareholders. UAW 1 for 100 reverse. Then the UAW dumps their stock because they don't really want to sit across the table and collective bargain with themselves.
In 5 years, they will be BK again.



To: Galirayo who wrote (200388)5/5/2009 8:13:09 PM
From: Cal AmariRead Replies (2) | Respond to of 306849
 
Possible .. GM .. 100 to 1 Reverse Stock Split

I keep waiting for the reverse split in the USD ... when we convert to the "New US Dollar." It ain't gonna be pretty.


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