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Old 07-02-2009, 07:38 PM   #11 (permalink)
dindak
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Join Date: Jan 2004
Location: Toronto area
Drives: 2008 Chevrolet Malibu LT2 V6 / 2008 Montana SV6
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Re: 'New' GM Could Make IPO in 2010, Wilson Says

Quote:
Originally Posted by Rocket 88 View Post
Just my opinion, but your probably better off investing it in the charity of your choice and hope to get paid back in Karma. GM is an eternal money pit until it proves otherwise.
I would never have bought old GM shares but buying in as car sales slowly recover from an automaker that is probably slimmer than Toyota after this chapter 11 will probably be profitable if the shares are not overpriced.

One thing I have learned about investing over the years is the past does not dictate the future.
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