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GM Stock Crash Is No Laughing Matter

by Malcolm Berko

Dear Mr. Berko: In July 2004 when General Motors Corp. was selling for $46, you wrote a column advising people to sell their GM stock. I have 1,100 shares and wish I had done what you said because I own my stock at $53. When I wrote you last Thanksgiving and the stock was $6, you said: "If you won't sell the sorry thing then have the transfer agent issue you 1,100 certificates and use them for wallpaper." I didn't think that was funny because I needed solid advice, not that kind of ...

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