GM IPO

Why would anyone want to buy stock in this POS, just because they are coming out of bankruptcy. They didn't reduce there biggest cost, the unions. Didn't anyone learn the lessons of the airlines? My guess is stock price of $33 - $35 for only a day, then down to $27. Even at $27 it is over priced. Doesn't survive 3 years. Only people making money on this deal are Wall Street and "We the People" getting OUR money back from the bailout.