Mudrat
05-16-2009, 07:59 AM
GM has until June 1 to provide a viable business plan or declare bankruptcy. Today, CEO Fritz Henderson said "it is probable" GM will choose the latter option. Earlier this week, several GM executives dumped all their GM stock – more than 200,000 shares total – for around $1 a share. Like rats fleeing a sinking ship.
S&A Digest 14 May (http://www.stansberryresearch.com/secure/digest/2009/html/20090514_Digest.asp)
GM stock traded at $1.09 close of the Exchange on Friday ...
S&A Digest 14 May (http://www.stansberryresearch.com/secure/digest/2009/html/20090514_Digest.asp)
GM stock traded at $1.09 close of the Exchange on Friday ...
