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GM shares plunge after analyst sees them hitting zero
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by mtippett | November 10, 2008 at 09:44 am
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That is not the headline you want to have tied to your company.
NEW YORK (AFP) – General Motors shares plunged more than 30 percent Monday after an analyst forecast their price would fall to zero, saying that even if there is a government bailout of the auto giant, shareholders would not benefit.
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Most RecentMost Recommended Comments (1)
at 10:51 on November 10th, 2008
That sounds like a nice short play.