s**********n
发帖数: 868 | 1 【 以下文字转载自 Stock 讨论区 】
发信人: splendidchen (chen), 信区: Stock
标 题: Re: GM holder 在赌什么?
发信站: BBS 未名空间站 (Fri May 29 10:48:50 2009)
Never understand it.
Even the proposed deal goes through, with 1:100 dilution, the current price
is equivalent to something like $100/share or a market cap of $60B.
There's no way GM can be worth $60B after the deal. Even with $18B
government debt, $27B bonds, and ~$20B UAW health care funds converted to
common equity, it's still a company with negative equity and losing |
s**********n
发帖数: 868 | 2 Anyone knows why GM was trading above $1 in the past few days?
What's the best scenario? It seems to me it's only worth a fraction of a
dollar at most.
price
【在 s**********n 的大作中提到】
: 【 以下文字转载自 Stock 讨论区 】
: 发信人: splendidchen (chen), 信区: Stock
: 标 题: Re: GM holder 在赌什么?
: 发信站: BBS 未名空间站 (Fri May 29 10:48:50 2009)
: Never understand it.
: Even the proposed deal goes through, with 1:100 dilution, the current price
: is equivalent to something like $100/share or a market cap of $60B.
: There's no way GM can be worth $60B after the deal. Even with $18B
: government debt, $27B bonds, and ~$20B UAW health care funds converted to
: common equity, it's still a company with negative equity and losing
|
m**********r
发帖数: 887 | |
s**********n
发帖数: 868 | 4 I don't know. I hope someone out there understanding this case can educate
me on it.
Within my understanding, either:
1. There's no way this thing's worth more than $1, and it's purely ignorant
people who are selling it to each other at $1. I think it's highly unlikely.
or
2. There's a chance that it's worth more than $1 outside chapter 11:
1) The proposed deal by the government with 1:100 dilution, which I think
can not justify the $1 price even it works.
2) Someone comes out and buy huge a
【在 m**********r 的大作中提到】
: 是谁一直在买？
|
m**********r
发帖数: 887 | 5 也可能是short cover
。。。已经跌到八毛了 |
K****D
发帖数: 30533 | 6 还好偶是在$6卖掉的（$10买进，中间$5.8 average down了一次），以后
再也没敢买。
这是一个典型average down没起作用的例子。看看GM的图形，一路下滑，
彻底没辙。。。
【在 m**********r 的大作中提到】
: 也可能是short cover
: 。。。已经跌到八毛了
|
i******l
发帖数: 828 | 7 GM 最大的holder, fidelity + vanguard.他们是指数鸡金，必须要持有GM。这不是狠
简单的道里马 |
n******n
发帖数: 12088 | 8 必须要持有的话，早就该有啊。拿着不动不行吗。
【在 i******l 的大作中提到】
: GM 最大的holder, fidelity + vanguard.他们是指数鸡金，必须要持有GM。这不是狠
: 简单的道里马
|
i******l
发帖数: 828 | 9 借出去开老鼠仓了。现在只剩下鸡巴毛钱了，买回来省心，万一政府出个政策什么的。。
【在 n******n 的大作中提到】
: 必须要持有的话，早就该有啊。拿着不动不行吗。
|
n******n
发帖数: 12088 | 10 ft.指数基金的不会这么搞吧。
再说真要有政策，股价涨，一样受益啊。反正是借出去的。没准空头还被逼空，股价拉高呢。
。。
【在 i******l 的大作中提到】
: 借出去开老鼠仓了。现在只剩下鸡巴毛钱了，买回来省心，万一政府出个政策什么的。。
|
i******l
发帖数: 828 | 11 前一段时间借出一股的代价是35分到1文不等。。 你要是有options 历史数据，从put
call 插价中就能算出来。 这些都是明面儿上的。
小伞不服气么？ 谁比谁傻阿。
【在 n******n 的大作中提到】
: ft.指数基金的不会这么搞吧。
: 再说真要有政策，股价涨，一样受益啊。反正是借出去的。没准空头还被逼空，股价拉高呢。
:
: 。。
|
s*******t
发帖数: 224 | 12 Yes, I want to the put, call, short arbitrage too,
unfortunately broker not allow to borrow GM.
put
【在 i******l 的大作中提到】
: 前一段时间借出一股的代价是35分到1文不等。。 你要是有options 历史数据，从put
: call 插价中就能算出来。 这些都是明面儿上的。
: 小伞不服气么？ 谁比谁傻阿。
|
k**o
发帖数: 15334 | 13 In the new proposed deal, GM common shareholder is guaranteed 10% in the new
GM, the rest belong to the government, UAW and bond holder. Now, without
the old UAW contracts, pension obligations, the new GM can potentially
become a huge cash cow. The new company COULD worth $60B down the road.
price
【在 s**********n 的大作中提到】
: I don't know. I hope someone out there understanding this case can educate
: me on it.
: Within my understanding, either:
: 1. There's no way this thing's worth more than $1, and it's purely ignorant
: people who are selling it to each other at $1. I think it's highly unlikely.
: or
: 2. There's a chance that it's worth more than $1 outside chapter 11:
: 1) The proposed deal by the government with 1:100 dilution, which I think
: can not justify the $1 price even it works.
: 2) Someone comes out and buy huge a
|
m**********r
发帖数: 887 | 14 "GM common shareholder is guaranteed 10% in the new
GM,"
are you sure? |
