Replies to post #520 on Motors Liquidation Company (fka MTLQQ)

[Chili Palmer]

Yes this may spike a tad if congress gives them some funds, but imo the funds will be just a short term band aid until they bring their labor costs down and build a better product.

[@-@]

And that scenerio is why the senior bonds are a good play. In a bk, the bonds would have a senior debt claim of $25, yet they cost only $4 right now. If it's some form of quick bk, the senior debt would probably get new shares while the commons might get killed.

[moneyfarmer1]

personally, i can't see the union giving in, its better to get rid of them