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General Motors Company Message Board

  • iffydog iffydog Nov 20, 2012 11:53 PM Flag

    Q10 statement

     

    GM still owes about 26.4 billion in direct aid to the Federal Government. The US treasury still owns 500 million shares of GM stock. The treasury would have to break even at 53 dollars a share to break even. TAXPAYERS WILL TAKE A BIG LOSS. Please read the Q10 From 1.5 million UAW in 1979 to 390 Thousand UAW boys today, Union member sure dropping like ice melting on a hot day.

    5353

    Sentiment: Strong Sell

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