GM Filed for Bankruptcy.. Should I sell now?

I have 8000 shares @ 3.25 share

Answers

whiteshadow204 answered a question in Latest News.
197 points

whiteshadow204 answered 6 months ago …

Shoot, if you can sell at $3.25 let me know, we'll work something out: I'll provide you as many shares as you want for $3.00 and let you sell them for $3.25.

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paulrubillo answered a question in Latest News.
123 points

paulrubillo answered 6 months ago …

Yes, you should sell the shares -- since the company declared bankruptcy, the shares are essentially worthless, although they will continue to trade for an indeterminate amount of time.

We've warned investors for many months against buying GM and other automakers on our website:
http://www.dividend.com/

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