Just a bit frustrated today....Sorry.this stock should be at 1.00
Just a bit frustrated today....Sorry.this stock should be at 1.00
Why not higher? I agree, $1 is too low. Because they made more money than they lost last quarter, minus the liberty writedown. WIll full dilution 9 billion is still undervaluing this company. 12 billion as a merger of equals. Now its under 2 billion as a merged cost saving monopoly. I used the 9 billion shares in dilution to stop any further attempts on that angle.
Heres my favorite reason...
If they get to 17 million self pays, and over $11 on ARPU, this company is worth $2 a share. Do you see these things as possible? Me too.....
http://uk.reuters.com/article/market...47519520090511
dont know if any1 has posted this but short interest had gone down some at the end of april.
lol But who's still leading the pack as the most shorted stock out there? SIRI, as usual.
O, I was just reading the news. See, I had proof to back up my claims. Wasnt pulling it out of my ass. Listen, I cant stay here and debate this, Im off the clock bro. Not getting paid for this right now...
PEACE!!!!
And the emotes....
Thanks for your hard work looking that up Lloyd. Hope you had a nice time finding that. BANK ON IT BABY!!!
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 least better than being offered.
It will be long and complicated procedure,but they will continue to make cars while they hash it out..Again not a true or quick BK.that was my point..
But i really didn't think it would get this far tho..have to admit..
Ill admit I was wrong if they do. Surprised as well. After the Chrysler one, I would have thought GM would want to avoid that. What I didnt factor in was the low ball offer by the governement, ensuring that the government may WANT bk here. Makes them more involved and easier to transition. Never in my life thought GM would file BK. Airlines are one thing....