Pending GM IPO. Fool me once, shame on you. Fool me twice...?
Let me get this straight, are the targeted buyers of this stock sale the same shareholders who just last year had millions of dollars worth of their original investments in GM illegally confiscated and redistributed by the Government when they took it over?
Is there actually a market for that?
How stupid do they think we are?
It should be obvious that this IPO is going to bomb. Yet all the buzz is about what a big deal it's going to be. Who's fooling who here?