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Old 03-09-2009, 04:53 PM   #22
Iroczlover
The Krazzy bytch
 
Drives: Which car I have 9 vehicles?
Join Date: Jun 2008
Location: Yelm, wa, Hell if I think about it to much
Posts: 7,918
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Quote:
Originally Posted by dbotsfordtat View Post
No way I would buy GM common stock, if they go chapter 11 you lose everything, you shouldn't invest based on emotions, they won't show any when they write you off in bankruptcy. You might consider prefered shares (GME) they may survive bankruptcy and they were paying a dividend, but IMO there are too many solid companies with low share prices now to even consider any GM stock.
I am talking $100 not alot of money but if they go under its not something I will miss.
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