Despite warnings, traders keep buying old GM stock

Detroit — Whether it's a matter of ignorance or greed, people are still buying General Motors stock, even though the company and the government have warned that the shares will someday be worthless.

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DISCUSSION

Bullitt417
Bullitt417

I guess if you really follow the market, you could probably nickel and dime your way to a profit. Either way, its definitely not smart trading and another example of the recession.