in 1929, GM's market cap was over $4B. Today, it dipped down to $3.8B. the stock is down 45% this month. Investors apparently are betting that the company is not going to make it, despite strong earnings sheets overseas and plenty of assets. The GM, Ford death watch - Oct. 9, 2008
Global auto market may collapse in 2009: J.D.Power | Reuters More and more shoes dropping everywhere, hows that bail out plan working for us so far?
The Big 3 just got a 25 billion dollar bailout, and that number is certain to rise higher. GM is such a sitting duck for short selling, they'll be fortunate to survive.
