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Re: Who is running old GM brands? Posted by SWEDECAR [Email] ![]() ![]() ![]() In Reply to: Who is running old GM brands?, steve, Thu, 13 Aug 2009 23:38:16 Members do not see ads below this line. - Help Keep This Site Online - Signup |
I have been following the stock market and cannot for the life of me understand how the "old" stock is allowed to continue trading under different names since GM has pretty much promised that it will be no money left when they pull the plug on old GM.
UNLESS!!! It is something out there that we don't know about and that the stock will emerge intact out of the liquidation and it will be some big winners in the end that didn't listen and kept the stock.
The stock made a big jump when "new" GM emerged out of chapter 11 and now it doubled this week with the Chevy Volt story.
So, some people are making a lot of money on a defunct stock.
Anders
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