Monday, November 22, 2010

2008/9 Crash and 2010 Recovery

Interesting to note.... if purchased shares just before it was delisted... say at $1.81. Price now is at $34.08. That's a whooping 1780%! It's crazy right. So just thought of highlighting this here.

General Motors
Detroit— General Motors Co. CEO Daniel Akerson arrived at the Renaissance Center on Thursday evening to the applause and cheers of several hundred employees gathered in the lobby and balconies of the GM headquarters building to celebrate its stock launch.
He wanted to deliver his personal thanks to the workers for helping the company "achieve the impossible dream" of traveling from bankruptcy to the New York Stock Exchange in less than a year and a half.
From The Detroit News: http://detnews.com/article/20101119/AUTO01/11190365/GM’s-Akerson-on-IPO--A-new-day-dawning#ixzz165cd7D1B

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