Motors Liquidation Company (fka MTLQQ)

[dibbley]

I understand MTLQQ has only 10% share in GM and mission of this company is sale assets to satisfy claims of the creditors.
I never heard about chapter 7 - i heard only about §11 ;) but I do not understand USA law system.

By my opinion liquidation doesn't mean canceling of company. See http://www.blurtit.com/q682033.html
I read all your old comments and you will be probably right - shareholders should be wipped out and company will ends.
But try imagine this scenario.
MTLQQ has a lot of assets and plants. Cleanup work are runnning at this factories and in USA is big demand for manufacture sites from new electric car makers. For example this is brief list of companies
http://cbelectriccar.com/blog/electric-car-makers/top-ten-electric-car-manufacturers-in-north-america/

MTLQQ can lease this factories and generate earnings from this activities. In future it might be very profitable company.
But if liabilities will be higher than assets it should have scenario as you posted.

Do you mean all trades since friday has only speculation character? Volumes are really great and price grows.
I still think if some company buy share in MTLQQ it should be cheapest way how to start car production. But maybee I am absolutely wrong.