hayman capital's kyle bass betting on the automaker.usive interview with him when "squawk on the street" continues. continues. ♪ ♪ [ male announcer ] you're watching one of the biggest financial services companies in the country at work. hey. thanks for coming over. hey. [ male announcer ] how did it come to be? yours? ah. not anymore. it's a very short story. come on in. [ male announcer ] by meeting you more than halfway. it's how edward jones makes sense of investing. [ dog barks ] ♪ [ male announcer ] imagine the cars we drive... being able to see so clearly... to respond so intelligently and so quickly, they can help protect us from a world of unseen danger. it's the stuff of science fiction... minus the fiction. and it is mercedes-benz... today. see your authorized dealer for exceptional offers through mercedes-benz financial services. see your authorized dealer for exceptional offers you've reached the age where you know how things work. this is the age of knowing what needs to be done. so why let erectile dysfunction get in your

. >> bill, we heard from the hedge fund manager, kyle bass, earlier on cnbc, standing by general motors. you are, as well. why? >> yes, we're large general motors shareholders. the stock in the mid-30s, we think that within a couple year, they should be able to earn $6 a share. it make it is a very low p.e. for this market. and we've seen before, you know, toyota go through short-term p.r. crises, and other auto companies, also, and they tend to recover. and we think general motors will regain its market share if they lose some because of the current p.r. environment. and just, it's a very, very cheap stock. you don't have to believe this is anywhere near an average company to believe it should be selling at a higher price than it currently is. >> bill, appreciate you coming on, sharing your new ideas with us and all of our viewers. >> thank you for having me. >> okay, guys, comment from anybody? >> i love the name sanifee, and when you look at what bill is talking about, that's who he is. looking for growth but stability. some yield without volatility. when you look at the names, that'

but no one could stop buzzing about kyle bass' analysis of the fatalities. and it was kind of like a huge wake-up call and the stock, i believe, i know this is a frightening concept, it bottomed at 3.6, 3.7% yield off your interview. your interview told the truth. it wasn't the -- the kind of headline risk that we've been hearing about. it was the actual what gm could present when they're being sued. i thought it was an amazing interview. >> interesting you thought that. >> it was amazing. >> kyle admits he's been dead wrong, dead wrong. >> but he did admit it. >> you've owned this for a while. he bought this thing, straight down, didn't sell, has bought more to the detriment of his fund holders but he's a believer at what he calls two times ebitda. two years worth ebitda what the market cap equals. >> the ten-year he thought would go to three and the pension obligation would go down. his analysis of what happened here, is better than barra's analysis. what does that say about what a poor spokeswoman she is. >> i don't know. he may be willing to say things t