Out of curiosity I just looked that up.

New GM was never below $28

The old GM stock was but is now MTLQQ and worth $.04

Seemed odd a bankrupt company would be worth more with less sales

.

On Thu, Jul 14, 2011 at 8:27 PM, Maureen <mamamaur...@gmail.com> wrote:
>
> Actually my partner did the buying with his IRA account, as I was
> pretty broke at that point due to medical bills.  He bought GM at 4.89
> a share - it's now at 30.10, and Ford at 1.99 a share, it's now at
> 13.09.
>
> On Thu, Jul 14, 2011 at 5:14 PM, Sam <sammyc...@gmail.com> wrote:
>>
>> I remember you buying GM just months before the bailout.
>
>> On Thu, Jul 14, 2011 at 7:56 PM, Maureen <mamamaur...@gmail.com> wrote:
>>
>>> Not really.  In fact the investments I recommended to the list back in
>>> October 2008 are up 108%.  Time to shelter them against the stupidity
>>> of the market in the event the politicians decide their careers are
>>> more important than the economic well-being of the count

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