GMGMQ.PK - Why Is It So Good Now...As a Stock?
This 3rd entry in my blogs is more of a question than actual statement. I don't get it. Anyone know what is going on?
Being the most profitable stock in the last week going from the $0.30 range to $1.50+ today, the penny stock of GM has become a 5-bagger. But does anyone know why?
They say it is speculators rising it up.
They say it is short-sellers protecting themselves.
They say the limit is unknown as to how high the stock is going.
They say take your profits now and sell because in the end the shares will be worth nothing.
I say, what do you all say? :)