Old Gm: Motors Liquidation Stock Is Mostly A Tax Writeoff

Q: Does the General Motors stock I own have any value? Should I just take the loss for tax purposes?

Topics:  general motors   should i   stock   tax   
BING NEWS:
  • MOTS LIQU UT : MOTORS LIQUIDATION CO : Completion of Acquisition or Disposition of Assets (form 8-K)
    10,352,556 Class "B" Warrants into 4,923,111 shares of New GM Common Stock utilizing the cashless exercise feature of such warrants. 07/24 MOTS LIQU UT: MOTORS LIQUIDATION CO : Completion of Acquisition or Disposition .. 07/24 MOTS LIQU UT: MOTORS ...
    07/24/2015 - 10:05 am | View Link
  • Can you deduct a loss for your worthless GM stock?
    One of the many spectacular failures of 2009 was General Motors ... Stock Exchange on June 1, 2009, the day that GM filed for bankruptcy. Each share of GM stock became a share in Motors Liquidation. While it was widely reported that the shares were ...
    09/10/2013 - 1:00 pm | View Link
  • Motors Liquidation Discloses 23.1% Ownership in General Motors (GM)
    up to 30,000,000 additional shares of Common Stock. Motors Liquidation Company percentage ownership in GM is 23.1% based on a total of 1,833,470,329 outstanding shares, which is the shares count after the warrants are exercised. Before the warrants ...
    03/17/2011 - 11:31 am | View Link
  • No stock exchange for old, new GM shares
    It was a hallelujah moment when GM repaid taxpayer-backed loans five years ahead of schedule. And now the company is planning to sell millions of new shares of common stock ... Motors Liquidation Co. It is separate and distinct from the new General Motors.
    11/16/2010 - 11:00 am | View Link
  • Uncle Sam Refuses To Pay For Old GM Stock, Probably‚Ķ
    Moreover, shares in Motors Liquidation will emphatically not be exchanged for stock in the New GM when it makes its IPO later this year. It seems that bad news should lead to some good news: a 2009 tax write off. For the non-financially minded, a tax write ...
    02/15/2010 - 11:00 am | View Link
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BING SEARCH:
  • General Motors Investor FAQs
    Q: Who is General Motors Company’s stock transfer agent and what is their role? A: General Motors Company’s registrar and stock transfer agent is Computershare ...
    07/24/2015 - 3:14 pm | View Website
  • GE Stock Quote
    Updated stock quote for ge - including ge stock price today, earnings and estimates, stock charts, news, futures and other investing data.
    07/24/2015 - 1:34 pm | View Website
  • General Motors Corp Facts, information, pictures ...
    Gasbarre, April; Salamie, David; Stansell, Christina. "General Motors Corporation." International Directory of Company ...
    07/24/2015 - 8:12 am | View Website
  • Warrants
    Q: What is my cost basis for the warrants and common stock I received from the MLC bankruptcy? A: The receipt of new GM stock and warrants by Motors Liquidation ...
    07/24/2015 - 6:32 am | View Website
  • MTLQQ Stock Quote
    Stock analysis for Motors Liquidation Co (MTLQQ) including stock price, stock chart, company news, key statistics, fundamentals and company profile.
    07/23/2015 - 7:19 pm | View Website
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