General Motors: A Put Position Regret And Predictions For Its Future
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We can add General Motors (GM) to the long, long, long list of put positions I wish I had just kept. American cars have been lousy since the mid-1950s, and the fact that GM was a super-hot stock a year or so ago is a hysterical joke. In any event, this thing is falling to pieces, and I wouldn’t be surprised to see lifetime lows in the next year and, ultimately, bankruptcy. Honest!
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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