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h_man_investor

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h_man_investor

Re: marayatano post# 96

Tuesday, 11/02/2010 6:03:38 PM

Tuesday, November 02, 2010 6:03:38 PM

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so they are selling more of the company than expected- bonds traded down today to around $31-32. Expected recovery is now lower than initially thought- maybe high $30s when GM stock comes out of the gate. Puts CCYPQ at a current value around ~$8.
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