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Good grief I'm thinking about buying GM for a trade... somebody stop me!

Asked by banjoman 1 month ago - 8 answers - 1112 views
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Ok you talked me out of it.

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GM now wants to sell its headquarters. Who will buy an office building in
Detroit? GM is selling Saturn which has a great distribution system. The Federal
governess is calling the shots as the Obama hedge fund keeps adding to its
assets under management. GM is headed to bankruptcy but I think they will wait
till there is more clarity as to when Chrysler will come out of its bankruptcy.
GM also poses a problem for Dow JOnes which I pointed out on my blog
http://www.thefinanceprofessor.com/welcome.php You can subscribe to the RSS feed
on my blog and also sign up for my site for free.

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GM ceo said today that they are looking to move the headquarters out of its
current building. I would not buy because I think they will declare bankruptcy
soon before the June 1st date.

Answered by QRS - Bookmark this User - Ignore this user
1 months ago - Report Abuse

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too much risk for me though...

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STOP!!!!! that thing is worse than a burning peice of garbage,but the trade will
work if the o-man goes back on his word and bails them out.we will see in 20
days...i have a feeling that they took chrysler out so they could bail out
gm.more wasted tax payer money . this will also be a big test on the o-man
,weather he folds or stands his groung and does the right thing

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Step away from the mouse/phone. You're a young man, don't throw away your life
for a pipedream! j/k buy 100, why not.

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Just say No

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