GM To Miss $1 Billion Debt Payment

Just took the steam out of the broad market as the news hit. Comes from the CFO during an industry conference.

I smell a debt for equity offering soon!
:)
 
Good, something has to take the steam out of euphoria.

CNBC "Stocks not going down on bad news is a good sign"... "Yes, a really good sign."

Dumb money is going to get destroyed!
 
Just another head-fake dip.
You should do yourself a favor and turn off the CNBC.

Bulls buy into the dip and NEW HIGHS come!
:)
 
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