View Single Post
Old 05-13-2009, 11:05 AM   #82
JFP in PA
Registered User
 
Join Date: Feb 2005
Location: It's a kind of magic.....
Posts: 6,273
Are you people nuts? Did you ever stop and ask yourself why all the current and former GM exec’s dumped their entire holding over the last few days? So they retain something rather than the nothing they would get after a Chapter 11 filing. Bankruptcy is a real threat looming on the near horizon for GM, and the moment they file, your “$1 bargain” becomes less valuable or useful than toilet paper……
JFP in PA is online now   Reply With Quote