Let’s play the stock market game. If GM’s stock price one year from now is higher than it closes today at 4:30 PM, I will post a video indicating that I was wrong about the stock market. In that video I will name my opponents in the bet and sing their praises. If you lose the bet, you have to post a video singing the praises of C2N and recommend me in the tumblr directory.
Caveats and conditions:
- We take any splits into account. EG, a 2-for-1 split would be “backed into” the 1-for-2 price.
- Share buyback kills the deal.
- On the other side of buybacks, a secondary issuance kills the deal.
- Further Federal investment kills the deal. This includes any large-scale stimulus plan like QE3.
- Further car subsidies kill the deal. Cash for Clunkers and related programs are corporate welfare - a sequel is essentially a direct payment from taxpayers to every car company. Counting on subsidy is investing for
Congressmendummies.If you’re in, reply, reblog, or otherwise let me know. Sucker.
Given that they still have a $13 billion hole in their pension obligations, I could probably feel safe taking this bet. Not because I’d win, but because your caveat about further bailouts kills the deal and I wouldn’t lose. Since you widened the net to include QE3 and the like, I’m feeling even more confident this is a no-lose bet.