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Any hope for share holders?

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Canuck57
 
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Default Any hope for share holders? - 05-20-2009 , 07:42 AM






Is there any hope for GM share holders?

If they issue $177B in more shares, with a dilution effect approaching
300:1, then do a 100:1 reverse split GM would still be a penny stock.



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raamman@gmail.com
 
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Default Re: Any hope for share holders? - 05-20-2009 , 12:12 PM






On May 20, 8:42*am, "Canuck57" <d... (AT) nospam (DOT) net> wrote:
Quote:
Is there any hope for GM share holders?

If they issue $177B in more shares, with a dilution effect approaching
300:1, then do a 100:1 reverse split GM would still be a penny stock.
they can hope the shares are printed on good wallpapering material ( I
would add fish wrapping too, but I don't think they wrap fish in paper
anymore ).


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labatyd
 
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Default Re: Any hope for share holders? - 05-20-2009 , 03:26 PM




<raamman (AT) gmail (DOT) com> wrote

On May 20, 8:42 am, "Canuck57" <d... (AT) nospam (DOT) net> wrote:
Quote:
Is there any hope for GM share holders?

If they issue $177B in more shares, with a dilution effect approaching
300:1, then do a 100:1 reverse split GM would still be a penny stock.
they can hope the shares are printed on good wallpapering material ( I
would add fish wrapping too, but I don't think they wrap fish in paper
anymore ).

Cripes that would be more value than the shares. How tightly can you pack
the darn things?




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