Home > Boards > US OTC > Miscellaneous > Lehman ABS CorTS 2001-08 7.375% General Motors (CCYPQ)

maray no i didn't but this evening i

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jcpny777   Saturday, 11/20/10 01:18:51 AM
Re: marayatano post# 133
Post # of 169 
maray no i didn't but this evening i got the cusip # and old symbols together(370442121 = gms %7.50 senior note, 370442758 = rgm %7.25 sn etc) and will call etrade on it. it seems to me we will get 2-2 1/2 share per $1000 face plus the warrants to buy a few more when and if the price goes up to ~$45.00 then a few more when the price goes up even more.
$1000 face right equals about $310 (40 shares x current share price of $7.75) I think I will try and sell most as I believe this money will do better some where else.
Thanks for all your help
I hope etrade lets me trade them
on anothr note I feel wamu has a better chance after todays filings
be well

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