Many of you are probably wondering why the U.S. Treasury didn’t just dump its entire stake in General Motors when the company held its IPO. Two things: that would have been a terrible idea, with billions of dollars in potential return lost in a second, and under the terms of the IPO, the Treasury is not allowed to sell a single share until mid-May of this year. However, according to reports, the Feds are hoping to sell off all of their remaining shares between then and two years from now.
If the Treasury hopes to break even on its investment in The General, they would need to be able to sell the stock at around $53 per share, well above yesterday’s closing price of $37.89 (which we display in a ticker to the right of this post).
Source: MSNBC
This example is a former NCRS award winner.
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Breaking out the spec sheets for a comparison.
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Extra comfort for rear-seated passengers.
Filings made in 24 countries, so far.
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Us should keep the stock!! And keep it hand in ... Just like the banks .. And oil companys.. Russia does it .. Look how far they came .. In just a few years .. Maybe we can pay so of our bills .!!!! Here in the USA!!! .. Help out the old and the sick..oh thats right people how die for this country. ,!! And take care of the people that loss there arms and legs.... In the name of O I L .....!!! BY THE WAY ...!! WERE'S. THE HYBRID......!!!