What happens to GM stock if it splits?

  • Thread starter Thread starter Heather
  • Start date Start date
H

Heather

Guest
Well first off I just want to add that I personally know nothing about stocks and the stock market in general. I just wanted to ask a quick question regarding GM. My father invested 1,000 in GM he is hoping that the company wont go bankrupt, he also thought that the GM Vault would be worth investing in. Now from what I understand if GM goes bankrupt then the stocks could split, in this situation what will happen to my fathers investment? Will it be split equally? Any advice? Thank so much Heather Green
I just wanted to clarify one thing I do understand when a healthy stock splits it can mean money, but from my understanding it's a total different case with GM. If GM goes bankrupt than it will split into two one being the old GM another being a new GM and I was just wondering were my fathers money will be placed new or old. I just wanted to add that for future viewers. Also thanks for the responses so far!! Very nice of you to respond!!
 
With GM its a totally diffrent ball game, with most if the go bankrupt you would do good to get 0.01 per share. From what I am understanding the GOV is going to keep them at $1.00 per share. I make my living working with stocks and planning. This month GM has started to improve. I have a tone of GM stocks and am going to hold them. If you sell right now you will take to big of a loss. If things keep looking up I dont think GM will file for BR . Thats just my thoughts on it. Best wishes RL
 
Back
Top