Thursday, June 04, 2009

Government Motors

I sold all of my stock in Government Motors today. I had bought a few hundred shares very cheaply a few weeks ago on the gamble that somehow the government wouldn’t %@#* things up. I obviously had too much faith in those people. On a bright note, TiVo stock did well today on news that they won their lawsuit against EchoStar. So it was not a completely dark day where my portfolio is concerned. Tomorrow may be darker as we learn more about Obama's outright theft of a multi-billion dollar, once great company. Now we get to watch Ford and Toyota fight it out to become that largest car manufacturer in the US.


Polka Dotted Pickles said...

That sounds intense...I hope you come out with more than you started with. ;)

Neemund said...

I think I'm about even since the gains on my Ford stock about even out my losses on GM stock. Either way, it's only money. There's much more important things to worry about in life than money.