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Re: farooq post# 12173

Monday, 12/08/2008 12:02:05 AM

Monday, December 08, 2008 12:02:05 AM

Post# of 364890
Well, the hedge against going short GM is going long Ford. =P

What GM will get is a lifeline, Ford will probly get what they want, a credit line, as doesnt look like they need immediate capital.

GM/Chrysler need money, otherwise they are bankrupt. Not an expert on this, but... if GM buys/merges with Chrysler, they will most likely have to issue equity, which is further dilution.

In any case, there could be a major short trap in the making... remember what happen with Volkswagon? Soo much short interest in there, it doubled? in a day?

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