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Old 06-01-2009, 08:05 PM   #18
fasternyou929
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Join Date: Nov 2008
Location: Raleigh, NC
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Quote:
Originally Posted by Homeslice View Post
So I know GM and Chrysler are going to get de-listed from the Dow, but is there still an opportunity to buy stock? Or do people have to wait until a "new" entity and ticker symbol are created?
The new owners have sent out tender requests to people that already own the stock. If you don't already have it, I'd avoid it like the plague, as it's likely to head to $0 at a high rate of speed.
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