Motors Liquidation (MTLQQ)

Once upon a time, GM was a huge American company that made cars that millions of people drove. Then, well, something happened, and now the company is bankrupt. (Long story.) Suffice it to say that GM is still making cars, but their company isn't exactly thriving these days. As for the product, GM makes stuff with motors inside: cars, trucks, and SUVs. GM's brands include Chevrolet, Cadillac, Pontiac, and Saturn.

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Norman6767 posted some buzz about Motors Liquidation - 4 months ago

This is a spoof company formerly General Motors Corporation who's intent is to take the burden of bankruptcy off of the actual, and completely separate company which is now General Motors Company, who's stock is not yet publicly traded and for some reason they are NOT IN DEBT or Bankrupt. Meanwhile Motors Liquidation is in dire straits and in phenomenal debt. Check the link http://phx.corporate-ir.net/phoenix.zhtml?c=231169&p=irol-faq. It blew my mind how this was even possible. All the old shareholders are screwed.

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