<I forgot to tell everyone that I am a GM bondholder trying to figure out the best way to maximize the value of my holdings.>
Ok this explains everything better. I would just do your own research on the matter, probably would be better off then getting advice here. I think Daisy knows the most about the bonds although, maybe see if she will reply to you.
I would look at well if I cashed out my holdings could I get a better return on my investment elsewhere then go from there.