your stock will go to 30 dollars!
GMGMQ.PK is a "pink sheet" listing. It is a symbol used for very high risk stock.
your stock will go back to 100 dollars
GM preferred stock symbols are: bgm, rgm, gmw, xgm, gms, hgm and gpm. Good luck!
Your common stock becomes worthless. The value of your shares is zero dollars.
I have heard of the term hot stock. A hot stock is one that is in great demand due to the news of any of its great business deal or profit declaration etc. Everyone is swarming to buy that company's stock and its price is going up... Example: Lets say GM has released a new car model and there is widespread news that this car model is a blockbuster hit and people are ordering in thousands. This may have a great positive effect on GM shares and people would start buying it. In this scenario GM is a hot stock.
Yes and no. You cannot but stock in the "New GM" (the company that just came out of bankruptcy), but you can buy stock in the company that was GM (but why would you want to?).
GMGMQ.PK is a "pink sheet" listing. It is a symbol used for very high risk stock.
Yes
"After coming out of bankruptcy, GM stock opened in November 2010 at 34.19 per share. The current value of the stock is 23.79. The value has dropped 10.4 in the course of nine months."
5/30/09 If you want to lose your money, you have a better chance in Vegas. After GM declare bankruptcy the stockholders are the last to be paid, which mostly likely be nothing. Wait until after the bankruptcy.
The bankruptcy court has not yet decided. The latest proposal is for it to be exchanged for warrants. Warrants sometimes have value. They can be traded for stock if the stock reaches a certain value before the warrants expire. However, a bankruptcy judge must approve all the proposals.
your stock will go back to 100 dollars
The short answer is no. The long answer involves the government-controlled bankruptcy.
Given GM's recent past with bankruptcy people are very skeptical to invest in stock with their company. However, since the recent economic downfall, GM has been making less cars, but making more money and are making quite a turn around. They will be around for many years to come.
What was the stock price of GM stock in November 1966?Read more:What_was_the_stock_price_of_GM_stock_in_November_1966
GM does not own any stock in Toyota.
GM stock price in 1984 was- $73.9375 a share.