Jun 1 2009, 12:05 PM
QUOTE(cherroy @ May 30 2009, 02:28 PM)
They are interested in acquiring the asset, not the company. Buying company's asset is different with buying the company itself.
Even they sell it at US1.00, people also don't want because the future owner needs to bare its enormous liability, aka giving free people also don't want.
GM is expected to fill chapter 11 bankruptcy already to path the way of restructuring.
But short term volatility can provide some chances for profit... I avoid... Even they sell it at US1.00, people also don't want because the future owner needs to bare its enormous liability, aka giving free people also don't want.
GM is expected to fill chapter 11 bankruptcy already to path the way of restructuring.
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