[TurtleUp]

Try this game for better odds:

[TomGuy]

It is difficult to know.

A while ago, I watched Ford and GE for a while.

Ford hit a low of 1.70 in early March. It is now over 5.50.

GE hit a low of 6.66 in early March and has rebounded to 13.48.

[trek]

"Would it be unwise to invest 500 dollars?"

I don't usually give financial advice anonymously (after all who but a fool would take it). But I will make an exception in this case.

So here is an alternative to your proposed long position on GM common shares that offers a much better risk/return ratio:

• Take your $500 (preferably in small bills) and stand on the nearest bridge over a river.
• Throw your money over the side.
• Now run down to the river and try to grab as many of the bills as you can.

  Hope this helps.

[italianquaker]

Better off buying lotto

[Fire_on_High]

Invest the price of a Mickey D’s lunch and buy a tricked out PS3 with the rest. That way you’re only out $5 and can play video games and Blu rays in the end. It’ll hold more value, too.

[ClayinVA]

yes, They are going bankrupt on Monday. Shareholders will get ZERO. Save your money.

[Vinnie]

I was thinking along those lines also.
The gurus have spoken.

[Southack]

"I know GM is an easy target these days, but .75 cents a share? Would it be unwise to invest 500 dollars?"

GM is bankrupt and the shares worthless...unless the government gives shareholders warrants/options to buy discounted shares of the NewGM.

Which is to say, you are paying $0.75 per share for an unknown amount of *potential* future warrants or stock options.

Very risky. Very low chance of breaking even.

[GODISMYSHADOW]

Would it be unwise to invest 500 dollars?

If you want to gamble 500 dollars, keep the radio on
Monday morning and listen for any news saying GM has
decided not to file. Be ready to tell your broker
what you want in a hurry.