johnhaskell

How I Plan to Trade My Depressed GM Stock

a better option strategy would be to buy puts, and forget about your equity position.

It's a very special management team that can get their stock back to where it was in December 1974- after the first oil crisis, Nixon's pardon, South Vietnam collapsing...and that's not even adjusted for inflation!

Jog my memory on how GM's diversification efforts into satellites, data management and subprime lending worked out?

I hope you'll stay in the market, though, as the rest of us need someone to trade against. Have you thought about shorting oil? The Saudis say they have a lot, and they would never lie about something like that.