RE: Alright, you characters, I just made a callSomeone sold the "NEW" GM to clients as well. Well it could be said though there were people who wanted to buy. Well today it doesn't look like the "NEW' GM is much different from the "OLD" GM.
Well it was said many years ago that the profit of all the companies on the NYSE comes to less than the "friction" in the market, ie: the commissions etc that are paid. So it is a loosing game in one sense or another.
The one thing aardvarks mentioned that should rest in the back of every investors mind is that the Chinese sold 16 Million shares. Now they are not stupid and they are also good poker players. At the very least they felt they were receiving fair market value for their ownership stake. Listen to who ever you like on this board, but at the end of the day INSIDERS who were and are in the KNOW sold for $5.40.
Use your own judgement on this play. Most of us on this board have already made a great deal of money. Keep that in the back of your mind. Think about it every day. Keep your own counsel. Make your own decision.
GLTA
A