PastTense

Trading the GM Bankruptcy

But post bankruptcy, GM will still have the same incompetent management and the same greedy unions. And the unions will have the controlling stake the company (with the government deferring to them for political reasons).

In the future I also see the Chinese as developing as major competitors to GM.

And lots of people on Seeking Alpha don't see the economy recovering much--and people won't be buying many new cars unless they see this recovery.

So I think following the OP's suggestion is too risky.