Thursday, November 30, 2006

Rumors Kirk Kerkorian dumped the rest of his GM stock

Rumors Kirk Kerkorian dumped the rest of his GM (NYSE: GM) stock. More at 13D Tracker. Link

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Wednesday, November 22, 2006

Is Kerkorian Selling GM?

CNBC's David Faber makes note that Tracinda Corp/Kirk Kerkorian had announced a cash tender offer to increase his stake in MGM (NYSE: MGM). However, Faber says the real question is "Is Kerkorian Selling General Motors (NYSE: GM) Stock?", noting the significant drop in share price over the past few days and the 45 day 'quiet period' window which recently expired after Jerome York resigned from the GM board. Kerkorian currentlty has a 10% stake in GM.

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