Treasury needs GM stock to be worth $95.51 to break even
GM stock is on the rise, but no one expects it to reach that number before the government's self-imposed deadline for being divested of the stock. If sold right now, Treasury would make about $7 billion and wash its hands of the rest. Analysts expect GM's stock to continue rising so that $7 billion number should also climb and the loss get trimmed, but even with another 25-percent gain between now and April, when the government is expected to be fully divested, that would only get it to $46 per share.
GM will be looking forward to next April, probably no matter where its stock price is, if for no other reason than to have ammunition removed from the "Government Motors" grousers. For now, it can point to the Center of Automotive Research study that declared everyone's already been paid back plus interest, because "the cost of doing nothing was not zero."
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