Cryptocurrency Q&A
Is General Motors stock worthless?
Is General Motors stock worthless?
BonsaiVitality
Sat Oct 26 2024
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6 answers
1034
I'm concerned about the performance of General Motors stock. I've heard some negative news about the automotive industry and I'm wondering if my investment in GM is now worthless. Should I be worried about the value of my shares?
6 answers
Maria
Mon Oct 28 2024
They hold little to no financial significance for investors.
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GeishaGrace
Mon Oct 28 2024
The only reason someone might consider buying them is to sell shares and lock in losses for tax deductions.
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Emanuele
Mon Oct 28 2024
This strategy allows investors to minimize their taxable income by claiming losses.
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GeishaElegance
Mon Oct 28 2024
The value of these stocks has dwindled to NEAR worthlessness.
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ShintoMystical
Mon Oct 28 2024
For those who still possess GM shares issued prior to the company's Chapter 11 filing in June 2009, the news is not good.
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