19 Quotes by Shelly Lombard
- Author Shelly Lombard
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This isn't monumental news. But anything that helps GM's cost of funding is a good thing for the company.
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This company has a long way to go. It is a marathon, not a sprint. To buy these bonds you have to be in it for the long haul. It is very possible they will trade down before they trade up.
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It's just the wrong product at the wrong time.
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It?s a case of the rich getting richer and the poor getting poorer.
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The numbers were great ... they have great ratios, they have very affluent subscribers and their revenue per subscriber goes up every month. These guys are what every cable company wants to be when they grow up.
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They went from turnaround to bankruptcy in a very short time, and you have to ask yourself how did this happen.
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If Lear were to go down it would come from a combination of things.
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Although GM has almost $17 billion of cash, it could run through that amount very quickly in a strike scenario, accelerating the time frame for a bankruptcy filing.
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A month ago I thought it was a greater than 50% chance they would strike a deal. Now I'm not so positive.
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