M
Marv
Guest
I want to buy gm stock,but I am not totally convinced they wont file bankruptcy. Looking for other opinions on this. Thanks
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T
Tick-Tack
Guest
I wouldn't touch it.
They only real solution is for them to file for bankruptcy and when that happens the equity share holders will be pretty much wiped out.
They only real solution is for them to file for bankruptcy and when that happens the equity share holders will be pretty much wiped out.
J
John S
Guest
Don't buy it. It very well might declare bankruptcy, plus do see an upside for gm anytime soon because I don't.
B
bow8810
Guest
no but i would buy ford
D
donfletcheryh
Guest
Buying options on GM stock could greatly increase your potential upside. It is hard to see that anything can increase your downside risk, if you are anticipating bankruptcy.
If you are going to risk a complete wipe out, you may as well have a big upside to compensate you for your risk.
However, as a senior I do not have enough time to hope this play to work and do not want to wait for a recovery.
If you are going to risk a complete wipe out, you may as well have a big upside to compensate you for your risk.
However, as a senior I do not have enough time to hope this play to work and do not want to wait for a recovery.