What do you mean Bar Date ?
Why do you think that judgements against GM won't be directed at MTLQU ?
They have no recourse against the New GM, and this is all that is left of Old GM.
Please list the alternate news sites and/or Finance sites.
Yahoo just keeps getting worse, as the love affair with the girl-wonder CEO turns sour.
Happy New Year !
Yahoo has changed the email, finance message boards and other features for the worse in the past year and also eliminated customer support !
They don't care about the web customers.
All they care about is trying to increase advertising revenues.
So the question is,
If you keep making everything about your websites user unfriendly, and people leave for other websites, how do you expect to attract advertisers or higher ad prices?
I wish that I could find a website that isn't as bad as Yahoo has gotten and a fast way to move all of my email from Yahoo to that other website !
The last comment posted on the finance message boards by hauck62 was on Aug 25, 2011.
If you read his older posts you'll see that he seems to post to stir the pot and annoy people.
He probably knows squat about MTLQU, GM and the warrants !
I think that Daisy and at least one other person posted that MTLQU was the only position that represents a stake in the possibility of future disbursements or proceeds.
Does this mean that after 12 months, everything may be settled and there will be nothing left in the pot that we may receive a part of?
I didn't even think about exercising the options to receive a dividend until I read your question.
I'm not sure that I want to tie up anymore money in GM after all the years my money has been tied up in the illegal "screw the bondholders" BK that they pulled on us.
I'll probably sell most, if not all of my GM holdings once I know that everything we could possibly get a piece of has been distributed, and all calims and money are resolved.
I wish I knew how much longer that is going to take !
I think that I would be better off spending that warrent money to diversify a little and buying some shares of Ford.
In my opinion, the Chevy Spark, Cruze, Malibu and Impala look so old style, plain and ugly compared to Ford's similar priced models like the Fiesta, Focus, Fusion, and Taurus.
I couldn't justify buying one of those Chevy models even with over $3,500 in a price reduction that I would receive due to credits on my GM charge card !
Thanks for posting the idea and god luck !
Form 4 being filed frequently seems to be sales of shares and not transfers.
Why has he been selling out, and is that a reason why KCG peaked?
I haven't been keeping track of KCG, although I do remember reading something about new shares and wondering if they would erode the value of our shares?
Would someone eloborate about the new issue of shares, and how they see it affecting our original KCG shares?
BTW, I don't see any new symbols like WAT.C1 in my acconunt.
Are you sure that it isn't just a temporary marker in your account for the cash distribution?
Please post a new topic about the WAT.C1 in a week if you still have it, and whether it shows any value at that time. Thanks.
" equvalent shares of WAT.C1 @ $0.00. This must be in addition to the $1.05/sh.. I guess this one can only go up. "
With the Chinese, you just never know?
Maybe they issued it as a way for Chinese hackers to gain access into our accounts? LOL !
If anyone knows the answer to a lawsuit, please post it.
We are probaly screwed since the SH's allegedly approved the sale for $1.05 per share?
I'm not sure which foreign countries I mistrust more, China, Russia, North Korea, Iran, Syria, Afghanistan, Pakistan or ?
I don't even trust our own country anymore, and with all of the spying that they conduct against us, they don't trust us either !
I assume that that is all the comensation we get, and we no longer own shares in WATG, and that the assets of the company were tranfered or sold to another entity?
I hope that the CEO and whoever else was involved in the scam that caused us to lose money on our investments into WATG were punished in some way, like having to jog in the smog of Bejing without any breathing masks?
I'll never invest in another Chinese listed stock again, after getting burned twice !
If anyone knows one way or another if we do or don't have any rights after we received $1.05 per share on
1-02-14, please post the information.
Thanks, and good luck !
Thanks for the post.
I didn't know what was going on with this stock, although itseemed that it might have been either mismanaged or just a scam with falsified audits and income reports.
I doubt that I would ever buy another Chinese stock again.
Too many scams, like the two Canadian stocks that I lost lots of money on!
I won't buy Canadian stocks anymore either!
Good Luck !
It's so LONG AFTER MTLQU sank by over $18, that it will take extra work to figure out if the swap was even, a gain or a loss.
I'm now looking forward to what happens to the prices when GM finally announces that they will start paying a dividend !
Good Luck and Happy New Year To All !