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Message from discussion all holders of gmgmq will be made whole
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Cicero  
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 More options Jul 4 2009, 8:02 pm
From: Cicero <climbe...@gmail.com>
Date: Sat, 4 Jul 2009 17:02:48 -0700 (PDT)
Local: Sat, Jul 4 2009 8:02 pm
Subject: Re: all holders of gmgmq will be made whole
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no some of the old bondholders are replaced by the government ... so
the leverage is not growing exponentially...once they are out of
bankruptcy the stock will be around Ford's. When the government pulls
out in 4-5 years or if this new CEO is smarter, sooner, the stock can
trade at par with Toyota, VW, etc or even better. This stock is a
clear buy, all these posts here are doomsday's devil's advocates.

On Jul 4, 7:36 pm, walnut <walnut...@gmail.com> wrote:

> So the stock holders present would"t be washed out? worthless?

> On Jul 4, 6:09 pm, Cicero <climbe...@gmail.com> wrote:

> > there is no IPO - new stock cannot be issued against the blood of old
> > stockholders.
> > the only dilution here is if the gov't does not get out as promised,
> > or if they increase their 65% share.
> > again to make this clear government owns no stock here, they only get
> > new bonds (guaranteed)- so preferreds.- Hide quoted text -

> - Show quoted text -


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