GM Execs Stock Dumping

Ranger 75 · 05-12-2009, 03:00 PM

I just saw on CNN TV that GMs executives are dumping stock!

Brokinarrow · 05-12-2009, 03:01 PM

link?

Enator · 05-12-2009, 03:02 PM

Bankruptcy

01pewterz28 · 05-12-2009, 03:04 PM

http://money.cnn.com/2009/05/12/news...ion=2009051211

CamaroScotty · 05-12-2009, 03:11 PM

My inside trading report shows no GM stock sales today

diddiyo · 05-12-2009, 03:12 PM

http://www.camaro5.com/forums/showpo...2&postcount=16

Bowtie Girl · 05-12-2009, 03:12 PM

they dumped it yesterday..........was on the news last night.

2LT/RS · 05-12-2009, 03:38 PM

GM is about to be taken off the Dow Jones index along with CitiGroup, basically because it is no longer considered blue chip. Been there since 1925. Bankruptcy is all but certain now but that won't stop production, it's the liquidation of GM Canada that is the big potential problem right now.

lil_chef · 05-12-2009, 03:43 PM

werent they going to be replaced anyways?

Zabo · 05-12-2009, 03:46 PM

Yep, by O-Board appointed people.. most likely themselves if they can swing it.

Brokinarrow · 05-12-2009, 05:31 PM

Quote:

Originally Posted by Bowtie Girl

they dumped it yesterday..........was on the news last night.

I'd take anything the news reports with a grain of salt... http://www.msnbc.msn.com/id/30699302/ Not that I doubt that these guys did sell their stock, just sayin that our media doesn't report the news most of the time, they make it

05-12-2009, 03:00 PM	#1
Ranger 75 Drives: 2010 Camaro 2SS IBM Join Date: Apr 2009 Location: Florida Posts: 286	GM Execs Stock Dumping I just saw on CNN TV that GMs executives are dumping stock!

05-12-2009, 03:01 PM	#2
Brokinarrow Drives: 2012 Honda NC700x Join Date: Sep 2008 Location: Indianola, IA Posts: 5,317 View My Garage	link? __________________

05-12-2009, 03:04 PM	#4
01pewterz28 #TeamBeckyD Drives: 2017 HBM 2SS Convertible A8 Join Date: Aug 2008 Location: Apopka, FL Posts: 10,494 View My Garage	http://money.cnn.com/2009/05/12/news...ion=2009051211 __________________ #TeamBeckyD FIFTY HBM 2SS VERT

05-12-2009, 03:38 PM	#8
2LT/RS Drives: CGM 2LT/RS Join Date: Mar 2009 Location: Ontario Posts: 63	GM is about to be taken off the Dow Jones index along with CitiGroup, basically because it is no longer considered blue chip. Been there since 1925. Bankruptcy is all but certain now but that won't stop production, it's the liquidation of GM Canada that is the big potential problem right now. __________________

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