[Beasly]

Anyone else somewhat nervous for the fact GM's stock is the lowest it has been in 65 years, and ford is going to be making ton of layoffs. With the cut of vehicle production, this will most likely have a ripple affect, hurting the suppliers to the companies that sell the metal to GM and Ford, etc, etc.

Just a suggestion based on this info, don't consider investing in GM or Ford considering the price is expected to hit 0 by the end of the week.

[t_mo (Banned)]

I think they will get bailed out.

Bush does not want one of these companies failures to mark the very end of his 8 year tenure.

[Bush'em]

GM and Ford are American institutions. The gov't won't let them go under. Like you said it doesn't mean their stock's won't go any lower, but the entities themselves will be here for a long time to come.

[morreo]

The government already bailed out Ford and GM with 25 billion dollars like a quarter ago. GM just announced they are running out of cash. They went through billions and billions in just three months. They didn't change with the times and now it's wayyy too late.

GG GM.

[naughtyDogs>YOU]

i dont think GM actually saw that money. or any of them for that matter

[Beasly]

Agreed I could guarantee that was to pay off debts to suppliers.

[oonothing]

They should just take from the 700 billion taken out for those banks.

[Beasly]

http://business2press.com/2008/11/11...il-gm-out-now/

[Thrill.Ride07]

Operating costs each month for GM are $2Billion

Now their stock was lower than it was before World War 2.

If GM goes under Millions of jobs will be lost, Billions of dollars each year to the government will be lost

Trillions will be lost for the economy.

I say Bargain Bargain Bargain.

Keep your eyes open!

[t_mo (Banned)]

Originally Posted by Thrill.Ride07

Operating costs each month for GM are $2Billion

Now their stock was lower than it was before World War 2.

If GM goes under Millions of jobs will be lost, Billions of dollars each year to the government will be lost

Trillions will be lost for the economy.

I say Bargain Bargain Bargain.

Keep your eyes open!

When I say I think they will get bailed out, I do not think the equity will hold any value.

They will be placed into receivership, the govt will control the restructuring and sale/division of the companies. The govt will also ensure their debt.

I think the equity is worthless, with the amount of debt they have their name and real estate are the only things of value, and in a cash strapped world they have that much less value.

I would really like to see some hard analysis as to where you are deriving your estimate for fair value of GM common. Because I think its about 0.00

[chaos369]

to the op, welcome to like 1 month ago.

[berry_wendel]

Originally Posted by Thrill.Ride07

Operating costs each month for GM are $2Billion

Now their stock was lower than it was before World War 2.

If GM goes under Millions of jobs will be lost, Billions of dollars each year to the government will be lost

Trillions will be lost for the economy.

I say Bargain Bargain Bargain.

Keep your eyes open!

Is that your argument for why congress will vote a bailout? How about actually doing some research. An automotive bailout will have a lot of trouble passing in the Senate