Quote:
Originally Posted by BigAls87Z28
You are and idiot.
Can't sue GM for going into Chap 11. I sold it before it went to crap. Can't say the same for my brother. Bondholders put together a law suit but they had to get in line.
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But you still took a loss, if I remember correctly. Did you intend on taking a loss when you were buying stock? Or were you hoping, based on some info, that GM stock would go up in price and you would be able to sell somewhere down the road for more? Was the info you were basing your information on misleading? Of course it was, the stock tanked. So I think you should file a suit too... and claim economic harm.