.comment-link {margin-left:.6em;}

Tuesday, November 11, 2008

 

general motors

I can't borrow general motors shares anymore.. The bonds are trading I estimate at 12, 13 cents on the dollar (ticker gmw) I see the liquidation estimates at 30 to 40 cents to the dollar. gmac is estimated at 60 cents to the dollar based on a wall streat jounal article.. I am thinking gm is more likely to get bailed out though.. I am all out of investment ideas (trading the stock for the bonds).. I think I just pay off the rest of margin and take the money and run... I will think about more gmw though after weeks of research..

Labels:


Comments: Post a Comment

Links to this post:

Create a Link



<< Home

This page is powered by Blogger. Isn't yours?