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SharePeople are still buying General Motors GM - Analyst Report and GMGMQ, but GM is bankrupt. The stock is worthless. 100% of the co. has been divided between the US and Canadian government, the UAW and the bondholders. There is NONE, NOTHING, NADA left for the current shareholders, which includes holders of GMGMQ. GMGMQ is not new stock. It is the old stock with a new ticker symbol. It has NO value. It is going up, while good penny stocks with actual futures and actual value are not. There is no way to know when the music will stop in this silly game of musical chairs. Do not buy this and sell it now if you have it!
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