GM on the stock market does not exist...?

L

LuvMy901

New member
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?
 
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.
 
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.
 
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