General Motors Corp (GMGMQ.DL)

jmt587 (99.80) Submitted: 11/17/2008 12:55:17 PM : Start Price: $3.31 GMGMQ.DL Score: +10.31

I think GM makes pretty good cars. But their business model and cost structure is outdated and unsustainable, and will force them into bankruptcy so they can reorganize and become a stronger company in the future. I don't think they can turn things around without bankruptcy. Management and the politicians will find the necessary steps too unpalatable until they have no choice (i.e. forced by a bankruptcy judge).