GM Insiders bail out - Idiot Investors buy Pink shares over the counter

May 2009

This post is just to share the sec fillings of 6 insiders at GM who have bailed on there own company as they see there stock holders getting wiped out. The six insiders dumped all there shares entirely. If you own this stock sell it.

I am not sure why folks seem to feel the need to speculate amongst the pink slip shares that barely exist for a company that is being split up and left with debt while the business side of the company becomes a new entity... yet people still want to buy the over the counter mucus for a dollar or so a share... I don't get it.

That is simply not smart finance.

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