Thu, Dec 25, 2014, 4:38 AM EST - U.S. Markets closed for Christmas

Recent

% | $
Quotes you view appear here for quick access.

MOTORS LIQUIDATION Message Board

  • jwg1234556789 jwg1234556789 Oct 9, 2009 2:07 PM Flag

    Great products

    Have you SEEN the newest GM models? The CTS, Acadia, Malibu, any of the Buicks? They are incredibly nice vehicles.

    If GM were a new company, offering these vehicles, I'd LOAD UP on this stock. It's the costs per retiree that scare us investors away.

    I maintain that their products are second to none.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • DON'T EVER BUY ANY stock with a "Q" at the end of the symbol. It means the company has filed for bankruptcy.... 99.999% of the time, the shareholders end up with absolutely nothing. Case in points include KMRTQ (K-Mart in around 1995, DPHIQ, (The old Delphi that was cancelled this week), etc, etc, etc,. You buy the stock and some day a judge comes along and halts trading and officially declares the stock worthless. When that happens, all stock is cancelled and no free market trading is allowed any longer. Up until the time the judge declares it worthless, it can trade for any price.

      This is how the stock market works. I am always amazed at people who buy bankrupt companies and are surprised that they lose money.

      Compare it to a chapter 7 personal bankruptcy (liquidation) where a person has 85,000 in debts and 5,000 in personal assets. What are the odds that the assets valued at 5000(Car, VCR and projection T.V) if sold will bring 85,001? Those are the type of odds shareholders are up against. I am not saying it is impossible. BUT. What are the odds of getting ANYTHING back?

      Almost zero.

    • First of all, this stock is not GM. Secondly, it doesn't matter how nice the cars look or how well they operate. GM needs to make money. Good products does not mean good stock. Good products does not mean good profits. Most of the time, the product and the stock performance is unrelated. For example, Walmart sells cheap stuff, but they make huge profits doing so. If the product is good, buy the product. If the company is profitable, then buy the stock at a good price.

      • 1 Reply to edragonspam
      • DON'T EVER BUY ANY stock with a "Q" at the end of the symbol. It means the company has filed for bankruptcy.... 99.999% of the time, the shareholders end up with absolutely nothing. Case in points include KMRTQ (K-Mart in around 1995, DPHIQ, (The old Delphi that was cancelled this week), etc, etc, etc,. You buy the stock and some day a judge comes along and halts trading and officially declares the stock worthless. When that happens, all stock is cancelled and no free market trading is allowed any longer. Up until the time the judge declares it worthless, it can trade for any price.

        This is how the stock market works. I am always amazed at people who buy bankrupt companies and are surprised that they lose money.

        Compare it to a chapter 7 personal bankruptcy (liquidation) where a person has 85,000 in debts and 5,000 in personal assets. What are the odds that the assets valued at 5000(Car, VCR and projection T.V) if sold will bring 85,001? Those are the type of odds shareholders are up against. I am not saying it is impossible. BUT. What are the odds of getting ANYTHING back?

        Almost zero.

    • This stock?? This is Motor Liquidation Company, not GM. Good luck finding and then buying GM stock. Ha ha ha ha!!!

    • I need to find a search algorithm to find locations of population concentrations of people whose primary criteria of purchasing products is the way they look. I think my idea of opening a bakery there and making cakes and breads with half flour and half sawdust will save me ingredient costs and make me rich. Covered in icing the products will still look great. People will buy a car just because it "looks great"? . I have the 2008 Consumer Reports auto guide in front of me now and you can guess which manufacturer's pages are all good with red and which are all black.
      I wonder how many UAW retirees and unprodutive UAW workers it takes to exclude another engineer from GM or CHRY staff. How many decisions are made to use a cheaper water pump, piston, alternator, etc so UAW diseased companies can cut costs and still fund the UAW and their bosses.
      Has any other country been to the moon? Does Korea or Japan have anything close to a Boeing?
      We are capable of being the best in the world.
      The unions killed our auto industry and took billions of our tax dollars. I wonder who the unions next manufacturing victim will be.

    • But the sticker is cheaper also-retiree fund is separate

 
MTLQQ
0.04220.0000(0.00%)Mar 31 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
CalAmp Corp.
NASDAQWed, Dec 24, 2014 1:00 PM EST
Yahoo! Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST