Quote:
Originally Posted by Buickman
for years I've been calling for the replacement of RIR.
for longer I've been preaching that the answer is Return to Greatness
what if I'm right? how wrong have I been so far? called the sale of GMAC, called the $5 stock (then said it would go under $2), called the BK by year end. hmmmm.....
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You know it really p!sses everyone off when you are CONSTANTLY right...
YES first things first... RICK NEEDS TO GO!
We got down to a 1.70 today... No one has posted the significance of that... Anyone ever look at a GM certificate... they have a PAR value of 1.67...
That is the minimum value that GM says the shares are worth less then that and people notice and you have to declare the stock as a LIABILITY... we came within 3 cents of that amount today.
As long as Rick is in charge GM is TOAST... without Government support it will be dead within 12 months... WITH Government support it will take 2-3 years.. the end result is the same... Rick has p!ssed away over 70 BILLION of corporate value during his 10+ year tenure...
HE IS DONE... HE MUST GO!