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Re: Enterprising Investor post# 2

Wednesday, 06/17/2009 4:41:25 PM

Wednesday, June 17, 2009 4:41:25 PM

Post# of 174
"Thank you for the insight on the other ABS trusts.

If the "Q" was added on later because of GM, then assets could flow to holders upon resolution of GMGMQ."


Yes, exactly my point. GM is to be resolved within 60/90 days. That is a very fast turn around since our government is involved.

I truly think this is a major diamond in the rough soon to be found. I was just fortunate enough to find CCYPQ while researching GM senior bonds and trading the very risky common shares. Read the prospectus in parts and could not believe what I was reading, then found the exact GM senior bond that was the underlying security within the Trust.

I only brought this to you attention because I knew you would appreciate something like this -- a real investment opportunity.

Hopefully you will get your fill. Still trying to get the rest of my fill.

Cheers!