Even in bankruptcy GM is worth much more than RVGD. Peter would be lucky to do as well when he actually incorporates Supercars LLC and offers it to the public.
Check out MTLQQ.PK ( what GM stock became in liquidation). Even though debts are significantly larger than the closed auto plants and other remains of the company, the stock, which will become worthless in a minute whenever the judge declares it so, is still running in the $.28-.30 range with resonable volume. This despite the fact that it has no relation to the new GM.
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