GM shares are about to fall to around one cent a share (see the article below). Disregarding trading fees, you could buy 100,000 shares of GM for $1000 (if the price becomes one cent a share). If GM stock rebounds to $10 a share during your lifetime, your $1000 investment will be worth $1,000,000. If GM shares go to 0 it becomes a tax write-off. Bet of a lifetime?
Bet of a lifetime?
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fearlessRestricted User
- 08-14-06
- 4950
#1Bet of a lifetime?
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fiveteamerSBR Posting Legend
- 04-14-08
- 10805
#2You should open up a hedge fund.Comment -
picoBARRELED IN @ SBR!
- 04-05-07
- 27321
#3or you could lose 1kComment -
pavyracerSBR Aristocracy
- 04-12-07
- 82905
#4Name one stock that went from 1 cent a share to $10 a share.Comment -
topgame85SBR Posting Legend
- 03-30-08
- 12325
#5ford from $1 to aout $6 as of today 500% increase in 4 monthsComment -
Jobe2004SBR High Roller
- 04-13-09
- 101
#6it says the par value will drop to 1 cent, not the market value dumbass....should have just done this with ford and made a killing. nevertheless, your on the riht track...GM & Ford aren't going anywhere...if your patient you'll make some nice doughComment
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