Now, I am no expert but as I watch the GM IPO I can’t help but be amazed at the utter lack of movement! as of 3:14 EST it has fluctuated a total of about $1.50. I have stated that I thought it would be a bad idea to get involved in this IPO on the sole reason that the company hasn’t been restructured appropriately as it would in a REAL bankruptcy. Instead, I only wonder now what it will cost the taxpayers.
image by @harmongreg