Wednesday, May 6, 2009

Ford is on track. GM may collapse?

Disclaimer (none):  I don't directly control shares of either GM or Ford.
 
I thought I heard that GM's stock was going to collapse with the recent reverse split proposal and conversion of the Government's preferred stock to common stock.

This article from Yahoo! Finance reports that Ford is on track with the current plans for restructure.  Ford has benefited in the recent months.  Just look at their 1 year stock chart.

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