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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (42112)	12/19/2012 9:41:38 AM
From: Keith Feral	Read Replies (2) \| Respond to of 223988

Just bought some more. With GM buying shares at $27.50, that puts a nice floor under the stock on today's lift. AIG has done very well since they started buying back government shares earlier this year.

To: GROUND ZERO™ who wrote (42112)	12/19/2012 12:53:18 PM
From: Steve Felix	2 Recommendations Read Replies (1) \| Respond to of 223988

< Don't they still owe the taxpayers billions? > In order to recoup its total investment in GM, Treasury will need to recover an additional $27 billion in proceeds. This translates to an average of $53.98 per share on its remaining common shares in New GM, not taking into account dividend and interest payments received from the GM entities.611 The break-even price — $53.98 per share — is calculated by dividing the $27 billion (the amount that remains outstanding to Treasury) by the 500.1 million remaining common shares owned by Treasury. If the $756.7 million in dividends and interest received by Treasury is included in this computation, then Treasury will need to recover $26.2 billion in proceeds, which translates into a break-even price of $52.39 per share, not taking into account other fees or costs associated with selling the shares. sigtarp.gov Good reading if you feel sick and need to barf.