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DB45

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DB45

Re: richg post# 2422

Monday, 05/11/2009 3:55:09 PM

Monday, May 11, 2009 3:55:09 PM

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richg,

In the event of a chapter 11, GM stock would become worthless. After a judge grants them the ability to come out of the BK the stock could be worth pennies on up, depending on the way the BK works out in conjunction with the restructuring plan presented to the BK court. This is my view of it but if anyone else has anything to add please do.
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