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>Well I'll bet that as soon as the deal goes down, the stock will GO UP. Why, because not ALL People know, and there are some fools out there who are going to say, " GEE, GM is getting 30 Billion Cash, that's going to help the balance sheet, I think I'll buy some GM stock today, OR some Merill Lynch broker will call up their little old lady clients and say," Hey Mrs. Moneybags, GM just got 30 Billion and I think you shoud buy some of the stock"". That way they can "Churn" up some commission. Think about it MRArbitrage. Cyberbill.<

1. You are right, the stock probably will go up (it's very similiar to what we arbitrager's refer to as a "suckers rally"); however, anyone who doesn't know that this one is a done deal, has no business investing in stocks.

2. It won't add $30 billion Cash to GM's balance sheet. More like $7

3. GM is so stapped in debt that it wouldn't even put a dent in it. It's SCARY how much debt they have. Looking at the balance sheet, one would think they were a damned utility, not a car maker.
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