Any Financial Whizzes Out There?

[unit731]

Here's a good one:

 

LINK

 

 

I'm no financial genius. But this article seems to reflect one view on GM's future.

 

Is it time to sell GM stock or buy GM stock?

[Zembonez]

Here's a good one:

 

LINK

 

 

I'm no financial genius. But this article seems to reflect one view on GM's future.

Is it time to sell GM stock or buy GM stock?

THAT is a really good question!

[VR021302]

If you have at least 100 shares already then you will now have 1, if you have less than 100 shares, say 50 of them, then after the reverse split you will have 1/2 of a share.

[rvsahs]

Dunno. What does E.F. Hutton say??

[Draenor]

I can ask my ol' man what he thinks of it. He has a good 10K shares in GM.

 

 

...stress out over it almost all the time.

[VR021302]

I can ask my ol' man what he thinks of it. He has a good 10K shares in GM.

 

 

...stress out over it almost all the time.

 

 

So soon he will only have 100 shares

 

[txab]

I've got a GM bond and based on what I've heard I'm fWONed.

[Draenor]

I can ask my ol' man what he thinks of it. He has a good 10K shares in GM.

 

 

...stress out over it almost all the time.

 

 

So soon he will only have 100 shares

 

 

Yeah thats what he just said.

 

He inherited it from his ol' man so its really*not* a total loss to him. He said he went this long, he is gonna go for broke.

*edit*

[mattgob86]

1/100 thats bull crap. the primo price for stock is somewhere between 60-120 per share but 185 that is a bit steep. i have like 40 stock and i dont know if that will mean that i just get the shaft on that one and have to sell or i get to keep my 4/10 of a share. Stock splits are pointless neways, they do nothing but change the quantity you can buy at a time because of price. sounds like a screw job to me.

[mattgob86]

I can ask my ol' man what he thinks of it. He has a good 10K shares in GM.

 

 

...stress out over it almost all the time.

 

 

So soon he will only have 100 shares

 

 

Yeah thats what he just said.

 

He inherited it from his ol' man so its really a total loss to him. He said he went this long, he is gonna go for broke.

 

 

he wont be losing any money in the deal its all for new share purchases. yea technically he will have only 100 shares but the value of that stock will stay the same unless the market says $185 and the market will adjust itself down for that one. like i said above, 1/100 is a bit steep