Quote:
Originally Posted by oilers_fan
So then what happens to current shareholders? If a guy buys in at 3.30, and them they receive their bailout while cuttin the dividend, you wouldn't necessarily get back what you put in when you sell? Is that because they are essentially government owned or something?
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Honestly, I'm not sure, it depends on the type of bailout.
I think GM is a pretty speculative play right now, I wouldnt pour all my money into it, that's for sure. If you want to put in money into a company that is really down but has a relatively safe future and will more than likely bounce back eventually, look into U.S Steel, GE, or Goldman Sachs.