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Kyle Bass Discusses His New Investment in GM and the Outlook For Herbalife

December 05, 2013 | About:

Kyle Bass has just unveiled a new position in GM (NYSE:GM). He believes that the stock could increase by 40% in fairly short order.

The catalyst for the near term rise will be the US Treasury finishing selling the last of its share in the company.

Bass thinks that a 25% increase in GM could happen within weeks.

Why should we listen to Bass? Because he made half a billion shorting the housing bubble while managing a fairly small hedge fund.

Enjoy the video:

About the author:

Canadian Value

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Value II
Value II - 2 years ago
This guy sure seemed logical when he railed against the general market when it hit 7K in 2009. He also took physical delivery of gold at its peak.

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