Buying GM on last thursday...selling today?
 

(39.89%)


Wondering if I should sell. I've gained 40% just today, not to mention the last few days have all been gains.


thoughts?

-Greg

(57.9933%)

WOW

I think it's time to walk.... and not get any more greedy.

seriously wow.... nice

Good score. Take your profits and RUN.

DONE


Sold at $5.45

Honestly....day trading FTW.

:thumbup: :thumbup:

I WISH I HAD MORE MONEY TO GAMBLE!!!! :cry:


Being a broke ass 23 year old guy FTL

Good move. Look at it this way, GM and F are trusting the gov't to save them. There's no guarantee that Congress will approve a bailout. Plus, Paulson is against it.

That Deutsche Bank analyst is wrong. Congress will fail.

January is a different story; new players will affect the outcome.

my 2 cents.

:thumbup:

I'll get ready to make another buy around then perhaps. I'm not a greedy fella, I'm glad I watched today.

Wait you just made 57% profit??? Wow...sounds too easy.

You'll still have to pay taxes on your gains:

Capital gains on assets held for a year or less are taxed at your ordinary income tax rate (anywhere from 28% to 39.6%, depending on your specific ordinary tax rate).

OUCH!