Replies to post #6767 on Motors Liquidation Company (fka MTLQQ)

[nunchaku]

Then why is this stock even around in the first place? When GM knew they failed they should just say, "We fail, our stock is fail!" Not "Now our stock is called Motors Liquidation because we might make new cars based on the T-1000 from Terminator 2"

[puppydotcom]

i could be wrong but my guess is when the new GM issues stock later this summer this one will be CANCELLED

and they most certainly can cancel the shares before the BK discharge

I surprised they have not already done so with this wild trading
on a stock with no chance of recover because once the assets are gone so is the the stock

another worry from playing this Q