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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:

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Canadian Value

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Value II
Value II - 3 years ago    Report SPAM
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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