GM shares fall below $10 for first time since 1954

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GM shares fall below $10 for first time since 1954
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Wed Jul 2, 2008 17:26:29 CDT
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Comment From: Mike  (Report this comment as a violation)

Thu Jul 3, 2008 09:29:08 CDT
GM is headed for bankruptcy (IMO), so no matter who gets elected, its stock will not be a good option for a long time.

I was mocking those that think raising the capital gains rate will matter in this selection.
 
Comment From: bighorn  (Report this comment as a violation)

Wed Jul 2, 2008 23:33:04 CDT
At what price is GM a "buy" for you next year, under Obama?
 
Comment From: Mike  (Report this comment as a violation)

Wed Jul 2, 2008 17:28:58 CDT
$9.98 ouch!
Won't make much difference if Obama wants to raise the capital gains rate,most will be selling at a loss anyway.
 

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