Motors Liquidation Company (fka MTLQQ)

[underdog150]

How would this stock recover to $2.00??
As of today, everyone that does business with
GM has a contract with the company. What they
are trying to do is restructure those contracts
outside of bankruptcy court. They also have to
get 50% of the bondholders on board. If they don't take
care of all that before Monday, they will still have to file
bankruptcy, and let a Judge decide who gets what and
that could take 2 years. If they get a majority on
board before Monday, they still declare bankruptcy,
but the Judge only has to sign off on their agreements
and it moves thru the process much faster.
Either way, the current shareholders will get nothing
out of the new GM.