It won't be a quick BK like Chrysler which was my point,it will be a gov't bailout like AIG,not real BK..and if bond holders hold out,which i would too,GM has too much assets to not pay off bonds at...
Type: Posts; User: JohnnyIrishXM
It won't be a quick BK like Chrysler which was my point,it will be a gov't bailout like AIG,not real BK..and if bond holders hold out,which i would too,GM has too much assets to not pay off bonds at...
GM can't do a BK like Chrysler because they were privately held company..IMO
BK for GM would set the economy back Years with all the implications with Parts co.and dealers and bond holders for...
I didn't say it will fill at .40,they will have to raise their bid,but remember i use Nasdaq.com level2 and it only represents about 60%to 80% of all SiriusXM trades.
We already got the GM news with the redone OEM deal till 2020..they are not going BK,Book it..
At least 1.8 mil block at .40 trying to get filled,it will...
Well the Brokers painted our trade range today,with 1 share at .49 at 7:10am in Pre-market and low of .40...Just a theory but it has been true so far..
so we might see .45 to .49 range and back to...
Level 2 is 6200 sell orders with low of .42,but not alot from there to .45..
Buy orders are up also with 4300.still want to get in cheap with highest big block at .41
You mean you haven't already?!!!! just remember when it is at the most booringest is when we haved move up.....we'll see who wants in this week or so..
Good Morning Everyone,hope the weekend was exciting for all and you got your relaxation in for the new week ahead..
Will be interesting or not to see where SiriusXM trades from now on as no real...