T O P I C R E V I E W
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Dustoff101
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posted
General motors may be responsible for $11 billion in pension fund debt, from Delphi..
Look for the PPS of GM to drop..
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Dustoff101
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posted
Delphis bankruptcy largest ever in US auto history..
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Dustoff101
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posted
Some US auto parts companies are producing at only 60% capacity.
How much longer can US Auto manufacture vehicles at a loss? I don't think this bankrupcty is going to just" blow over" this time..
If the investment portion of these Auto Companies take a moderate hit, well, we may see an entirely new Auto consortium arise from the ashes..
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glassman
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posted
more to follow....
what do you mena i don't have a pension anymore???
the comapny execs get 2 million a year
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keithsan
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posted
gm tanked pre market- look for others to follow suit and buy. I'm eyeballing F at 6.00/7.00
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Dustoff101
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posted
Soup of the Day? SHORRRTTTTTTTTTT!
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Dustoff101
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posted
GM just stated they see no immediate effect on GM operations pertaining to the Delphi bankruptcy..
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Dustoff101
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posted
Banc of Americas' Ron Tadross securities equity analyst, states possibility of a GM bankruptcy increased..
Says to sell GM..
Liability to GM revised to $4-5 billion loss pertaining to DELPHI.
GM has approximately a $30 billion cash reserve..
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Dustoff101
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posted
Delphi trading at 1993 levels...
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Dustoff101
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posted
If strike talk starts at GM, this is going to get ugly..
GM is up a bit at present..
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Dustoff101
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posted
DPH [Delphi] up 9.09% to .36
Anybody think there is a play here?
In bankruptcy court this morning..
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Dustoff101
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posted
DPH DELPHI suspended from trading!
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George
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posted
I guess that answered you question....
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Dustoff101
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posted
Well, it's a pink now! I think...
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Dustoff101
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posted
Hey, maybe momo could help um now? LOL
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Andreas
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posted
Yes - I am curious, too.
That is the 1st time I owned shares of a company that went in bankruptcy court and trading was ceased.
The value for the shares is at $0 in my portfolio now - is all that LOST now?
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Dustoff101
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posted
Nah, they just re-name it and let it trade on the Pinks..
So, you won't see your portfolio reflect the value till they come up with a new symbol.
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Andreas
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posted
Thank you, Dustoff!!!
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Andreas
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posted
DPHIQ - now listed as PinkSheet
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