|
Ummmmm - did you read the article? GM isn't the one losing the money, its the Department of the Treasury - which IMO is because they are choosing to unload all of their remaining shares at once instead of slowly selling them like they had originally planned. They're flooding the market with GM shares (and announcing that they're going to flood the market didn't help either), it's only to be expected that GM stock will temporarily dip because of it.
|