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Old 04-16-2009, 11:00 PM   #20
Mr. Wyndham
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Quote:
Originally Posted by irpq11 View Post
I maybe should have waited. :(

Will the company even be public after that? May be a stupid question but with this Gov., you never know.
It should still be publicly traded. I've never payed close attention to a company going through a Chapter 11 proceeding, though -- anybody know what happens to the stock?

Quote:
Originally Posted by The_Blur View Post
Most people are also unaware that market research suggests that 78% of buyers would be hesitant to buy from a brand that is bankrupt. If a car enthusiast board who knows a lot about GM is panicked about bankruptcy, then imagine how many other buyers won't continue to support the brand. Article is by Consumer Reports.
That's right, Blur...I've even quoted that a few times myself in the past...but now....now I wonder if the same still holds true IF...IF the public learns how 'safe' this particular bankrupcy will be, and if the government actively protects the cars they sell (as they have already)....
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