Quote:
Originally Posted by t97226
Since GMGMQ common stock ceased trading on Friday will it restart? And if not, does that mean that an investor would get 1 stock in the new company for every 100 of the old that is owned? If this is not the case, what is the value in holding GMGMQ stock?
To post a theory as to why people have kept trading GM stock. Everyone has been buying on the idea of the governemnt making sure that GM would not fall. The problem is that no one knows what this means.
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There is no value in the shares, at least there shouldn't be.