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Dan

10-09-2008, 04:15 PM

Anyone notice today that the big 2 are worth very little in terms of common stock.

GM has 566.16 million shares of common stock (http://finance.google.com/finance?fstype=bi&q=NYSE:GM). It's low today was $4.65 / share (http://finance.google.com/finance?q=NYSE:GM).
Ford has 2.269 billion shares of common stock (http://finance.google.com/finance?fstype=bi&q=NYSE:F). It's low today was $2.03 / share (http://finance.google.com/finance?q=NYSE:F).

GM's total worth in common stock today bottomed at 2.63 billion dollars.
Ford's total worth in common stock today bottomed at 4.61 billion dollars.

Toyota currently possesses 18.98 billion USD (http://www.google.com/search?q=1908606+jpy+in+usd) of available cash (http://finance.google.com/finance?fstype=bi&q=NYSE:TM).

Could you imagine the hailstorm if someone with 8 billion USD to spare were to attempt a hostile takeover of Ford and GM?

Yikes!

11011011

PaleMelanesian

10-09-2008, 04:19 PM

That's an interesting line of thinking, Dan. Hmmmm....

roadrunner

10-09-2008, 04:42 PM

GM's total worth in common stock today bottomed at 2.63 billion dollars.
Ford's total worth in common stock today bottomed at 4.61 billion dollars.
That is amazing!

Will the US taxpayers get paid back the $25,000,000,000 loan? My guess is no.

Chuck

10-09-2008, 04:46 PM

GM's total worth in common stock today bottomed at 2.63 billion dollars.

http://billyliggett.files.wordpress.com/2008/02/hartmancarvey.jpg

I'm worth more!

How do like dem apples?

brick

10-09-2008, 05:29 PM

I think it will happen to at least one of them.