Cryptocurrency Q&A
Is General Motors stock worthless?
Is General Motors stock worthless?
BonsaiVitality
Sat Oct 26 2024
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6
answers
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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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