GM stock is why naked short selling should be legal

Discussion in 'Stocks' started by bond_trad3r, May 29, 2009.

  1. How does this POS trade up when they publicly state that it's going bankrupt before the next trading day begins?

    So annoying!
     
  2. TM1982

    TM1982

    Why do you care?
     
  3. fwiw, one thought I had is that margin requirements change throughout the day, requiring people to do what they don't want to do.
     
  4. Good News. GM is tanking. :D

    I guess it was just some idiots pre-market trying to play a recovery game.
     
  5. What if GM goes to 1 penny, Can someone buy all GM stock and pretty much become the CEO?
     
  6. I put in an order do you think it will get filled?


    05/29/2009 Extended Hours
    EH Buy
    100
    GM
    Limit Day 0.0100 --
    Open Change Cancel