GM news...
This is a number that gives one thought...
At current stock prices Harley Davidson has a higher market value than GM... This was reported by Dave Faber on CNBC this morning... I do believe Debt was subtracted from market value on both to reach this figure.... The only other time that I saw such a market fluke was when Priceline was giving stock to the airlines for the ability to sell thier tickets,,, At that time Pricelines stock was worth more than the total market value of the top five airlines in size... Today Priceline's stock is still worth more than the combined value of the top 5.... And pricelines stock is selling at only 5% of its high... Food for thought or a reason why I believe self serving wall street research is just that...Hank
PS.. AOL at one time was worth more than the top 5 broadcasting companies...
Please post stock symbols first in all your posts. If it's a foreign stock, please also list the US pk equivalent symbol...