GM Bailout just happened! @ 9:13am
filed in My Investments on Dec.19, 2008
Bush just came on the tube and announced the bailout has been done.
There are many string attached but (GM) stock is up 15% before the open. The market overall is also pushing positive. I know I said I would not trade today, but screw it….I’m going to playing the board today and watching the auto related stocks.
(NT) just hit 23 cents/share so hoping that can still pull down to that price again. Nortel has just said that bankruptcy is not an option at this point and its dealing with 3 potential buyers. That really good for anyone that is getting in at a low price. I’m going to get at market for a max price of 0.25/share. **EDIT** filled 3500 shares at $0.25/share
11mins to the open..
Happy Investing.
Aman MBA
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