[proxy_user]

Half their sales are in China. They rightly fear that their customers there will not exactly be feeling flush.

[montag813]

That’s a tiny amount of shares, for you playing at home. Make a good headline though

[jazusamo]

Please bump the Freepathon or click above to donate or become a monthly donor!

[norwaypinesavage]

The author doesn't understand stock options. The stock option is an offer by GM sell a fixed number of shares of stock to the executive at the price of the stock on the day the option is offered. The only time the option is of any value at all is when the stock increases in price above the price the day the option is offered. The option is available for a limited number of years, often up to 10 years.

The purpose of this is to give the executives an incentive to increase the value of the stock. People don't 'sell' stock options, they exercise them by buying the stock. Some may turn around and immediately sell them to pocket the profit. It's better to hold them for at least a year so that the increase becomes a capitol gain tax, not an income tax.