Monday, June 1, 2009

Historical Moment

As I post this, GM is rushing to file for bankruptcy before the stock market opens. My shares will be dissolved into nothingness, and I will lose a couple hundred dollars. Although this pisses me off, I've discovered something fantastic. Geely is officially less risky of a stock than GM is. This risk analysis was probably updated last week sometime, before it was assumed they'd file for bankruptcy. WOOHOO at least I've got something for me. Geely stock is steady at 20 cents (I got it at 11.5 cents)

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