Comment

Video: Romney Insists He Was Right About Allowing the Auto Industry to Go Bankrupt

119
Buck6/14/2011 1:10:03 pm PDT

re: #112 BongCrodny

Another point in all this is that when the GM shares got delisted, they were trading at under $1.00 per share.

GM stock was trading between $.27-$1.04 per share the day it was delisted.

If you held on to your GM stock until then, you lost your investment a long time before that.

That is because everyone know it was going to zero. What price was it when that was announced?

If you were allowed to hold it., then you would hope as the company came back, you would be rewarded.