I inherited 25 shares of GM December, 1977. MTLQQ canceled the shares in March, 2011. Can I take a capital loss on these shares? How would I do that - should I just use the original value? Or is it too much of a headache to calculate?
Motors Liquidation Company ( MTLQQ .PK ), a.k.a. 'Old GM,' officially exited bankruptcy yesterday, bringing to an end one of the most complicated Chapter 11 cases in the country's history. Post your comment!
… protective measures put in place to protect against extreme stock moves. Old GM drives out of bankruptcy. Motors Liquidation Company ( MTLQQ .PK), the company more informally known as 'Old GM,' officially exited Chapter 11 yesterday and …
The long and tortuous bankruptcy of Motors Liquidation Company (i.e. 'Old GM') is nearly over , as a federal judge clears the way for the distribution of General Motors ( GM ) stock and warrants to creditors. 2 comments!
… 5% to the VEBA, 11.7% to an entity controlled by the governments of Canada and Ontario, and 10% to Motors Liquidation Company . Approximately another 318.2 million common shares can be issued via warrants to Motors Liquidation and …
… in October/November IPO, ~$66B market cap, the old GM debt to be exchanged into new stock & warrants, the old GM stock MTLQQ probably worthless, pg 19); Air Products & Chemical ( APD , stock down on bid for rival ARG , pg 22); Carter’s …
… file details of its October IPO this week (the old GM debt will be exchanged for new stock and warrants, but the old GM stock MTLQQ will have little or no recovery value, pg 15). St. Louis Fed President James Bullard speaks again on Thursday. Bullish …
… of news reversed half of Monday's gains and calming of the markets. On Wednesday, General Motors ( Motors Liquidation Company ) MTLQQ and Ford F reported sales gains for July that trailed estimates, with a 1.5% gain and a 70-basis …
… calculations put the maximum number of GM common shares between 500 and 616 million. Before old GM (now called Motors Liquidation Company MTLQQ ) got into distress, its diluted share count was 566 million, so new GM's common share count is not …
… beaten-down, company--whether its BP, Citigroup C, General Motors (now trading on the Pink Sheets as Motors Liquidation MTLQQ ), or Enron--without a thorough analysis of all that could go wrong. Understand the Risks No doubt about it, the idea …