How to React to the GM Bailout

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.

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