Mtlqq (gm)

[Kotanali]

What's going to happen to MTLQQ? Will the symbol ever be changed back to GM and will they ever get back on the NYSE? What's you opinion? Is it a buy at .50?

[Rat Fink]

Not much info to make a halfbaked guess.
My gut says you have a .10 range to play and your at the top of the range @ .50
The stock has risen as volume has staedly been dropping off. Thats a good sighn that buyers are holding and not churning the stock. Its a spot that will give you ulcers as what to do. No news, You buy now you are chasing the stock.
.40 would have been nice to get in but 20/20 is too easy but not reality.
Personaly I think GM should have been toast long ago starting with them pulling the plug on the EV1, Out of control Union contracts, and building crap that you can buy for less with Ford. Easter Air lines went away without the US dieing,why not GM?
They have nothing to offer a customer that anyone with half a brain wouldn't get with a Jap car.
The brand name is awsome and they can come out of this. Up to the wisdom and direction of the CEO.
Nice penny play if you do it right.

[Kotanali]

When do you think the "new GM" will start trading again? Any guess on the price of the offering?

[432]

Not much info to make a halfbaked guess.
My gut says you have a .10 range to play and your at the top of the range @ .50
The stock has risen as volume has staedly been dropping off. Thats a good sighn that buyers are holding and not churning the stock. Its a spot that will give you ulcers as what to do. No news, You buy now you are chasing the stock.
.40 would have been nice to get in but 20/20 is too easy but not reality.
Personaly I think GM should have been toast long ago starting with them pulling the plug on the EV1, Out of control Union contracts, and building crap that you can buy for less with Ford. Easter Air lines went away without the US dieing,why not GM?
They have nothing to offer a customer that anyone with half a brain wouldn't get with a Jap car.
The brand name is awsome and they can come out of this. Up to the wisdom and direction of the CEO.
Nice penny play if you do it right.

I felt the same way RF about the scrapping of the EV1, the way it was done with extreme prejudice, classless. GM could have led the way into the new paradigm. Karma's a bitch.
The uh..... "decision maker"s.... got canned and the company has a load of brilliant engineers who wanted to do the right thing all along.
I expect GM to find a niche in a much altered auto universe.

My kid is stalking Tesla's IPO, not on the horizon yet and they have had some interesting business issues but the new sedan has realistic range, is quick as lightning and is wicked looking as hell. It will no doubt be a huge hit if it ever actually becomes available. www.teslamotors.com (http://www.teslamotors.com)

I appreciate all of the new energy companies you have drawn our attention to. If only I had a money tree.

[btbulldawgs]

When do you think the "new GM" will start trading again? Any guess on the price of the offering?

The new GM is not going to be publicly traded. It is mostly owned by the U.S. and Canadian Government. It is scheduled to buy the 2 governments out by 2015, and then it can make an "IPO" if you will. The old GM shares now listed as MTLQQ will eventually be deemed worthless once all of the old bad assets and liabilities are sold, or cleared out. It could take several years though.

Check it out:

http://media.gm.com/servlet/GatewayServlet?target=http://image.emerald.gm.com/gmnews/viewmonthlyreleasedetail.do?domain=74&docid=55577

[Rat Fink]

Wish Telsa's inventions went a more positive direction. Father of AC current. I'm sure Edison hade his life a living hell back then. If we only had a way to go back and pick his mind. He had a way to power a home from his tower without using wires.
Edison trashed it because he couldn't figure out how to put a meter on it.
Your Telsa auto has a proud name. Nice find and like how they used his name.

[432]

We've been following Tesla's development for years because we love electric cars and they build the coolest one on the planet.
The basic car is a Lotus Espirit with electric drive via Silicon Valley.
Dead flat torque curve from 0 to 18000 rpm.
0-60 in 3.6 seconds.
The kinks appear to be worked out and they are opening a bunch of dealerships.
As far as stock goes, they are still privately held.