State of GM Stock and its Future?
August 9, 2009
So obviously GM filed Chapter 11, thus making their stock worthless. The Q in GMGMQ signifies bankruptcy – rendering it useless. They’re paying creditors back, not investors.
One question I have is – the ticker under “GM,” is it different than “GMGMQ?”
And also, as of now, there’s no viable GM stock to buy, correct? All GM stock on the market is useless? Or did they issue new one?
If so, is there any word on a potential IPO in the future where we could then invest in GM with promises of returns?
Thanks., more
and What's your opinion on Canadian Dividend Mutual Funds? E.g: RBC, BMO — They seem to have very good performance overall, around 11% – 12% on the performance charts. What’s your opinion?, more
and Free online Stock Market Simulator? Are there any free online stock market simulators you guys would recommend? I want to simulate investing in some Canadian mutual funds., more
How is Mutual Fund performance calculated? https://www1.royalbank.com/cgi-bin/rbaccess/rbunxcgi?F6=1&F7=5g&F21=IB&F22=5g&lblLanguage=EN&lblTabClicked=Performance&lblSeries=A&lblSorted=CATG_ORDER&lblPubAccess=Y&lblHeader=A&
(See link above) – Does the performance factor in Management fees and MER? Basically do the values in the performance tab indicate the final return after factoring in all fees?
Okay the link didn’t work, try http://www.rbcam.com/
then go to “Quick Links -> Prices and Performance”, more
and PLEASE HELP!!! With the recent horrible earnings report at RBS (royal bank of scotland)…..what do you think? Do you think that this bank will make it (LONGTERM) without being nationalized (as the government already owns some 70%), or do you think that they will be fine as they continue to downsize, make markdowns, and they economy improves. I am a preferred shareholder and am wondering if i should continue to hold….as i have for the past year….or sell! THANKS., more
Tags: finance, broker, wall street, NYSE, stock exchnage, invest
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