Gm On The Stock Market Does Not Exist…?
Published on Tuesday, February 9, 2010 
After initally being duped into thinking that Motors Liquidation is the “new” GM, I found this caveat on GM’s website;
General Motors Company (the “new GM”) currently has no publicly traded securities. Please note that none of the publicly owned stocks or bonds issued by the former General Motors Corporation (now renamed “Motors Liquidation Company”), including its common stock formerly traded on the New York Stock Exchange under the ticker symbol “GM”, are or will become securities of General Motors Company, which is an independent separate company.
Yet when you look at the graph’s, there is no discontinuity between GM’s past stock prices and this new entity.
This has to be the biggest sham ever to be “sold” to investors…
You thoughts?
5 Comments
Comment by jlf
How were you “duped”? Everyone knew this. There is no “new GM” stock yet.
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Yet when you look at the graph’s, there is no discontinuity between GM’s past stock prices and this new entity.
What graphs? Give us some URLs.
I did read that the reason the old General Motors Corporation changed their name was because some brokers were using investors confusion to cheat them.
Comment by lexa1088
Wait patiently for info on the ‘new GM’ stock, or I’d consult someone in investing to see what they say–a larger firm like Fidelity or Merrill Lynch. They should have a good handle on this. But, it would not hurt to do some research on your own first.
Comment by MVD34
I agree with the above. You could not have been duped if you were paying attention.
The facts have been discussed over and over again in the media.
Heck, several of us here at Y!A have been saying as much over and over again for months.
Comment by Gerry, Louisiana
Thank you very much Obama! you are the best!