Tuesday, May 12, 2009

GM shares dropping like a rock - Updade 10:14 AM

Lutz and other top GM executives sell shares - MarketWatch Duh! Why hasn't everyone else? As I posted last week, GM would issue more shares, therefore diluting the already declining share price. I can't believe it's still trading has high as it is. Sell it, like the GM executives are doing! The price is going to ZERO. As of 10:20 this morning: 1.16 -.29 -20.14 percent. Only the banks can issue more shares and the price goes up. [/sarcasm]

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