As guaranteed on this blog, the Feds have ponied up $17.4 billion in loans. I hope you took my advice and bought the stock when it was cheap(er). On the Ford stock alone, I’ve seen a return of over 80%.
Now the question is, when to sell?
I’m not sure. I may sell as soon as today. But don’t hold on to GM for too long. They are definitely going under. Ford, I’m willing to take a wait and see approach.