Yeah, probably, lol. It's certainly a contrarian play, maybe one of the most contrarian plays available right now.
Imagine the positive story that could be spun about GM if they IPOed or otherwise sold a profitable part of the company AND convinced Congress to (essentially) nationalize some of their other liabilities...
Long term GM is almost certainly toast. But at some point over the next year I have no trouble at all seeing shorts get seriously jobbed.
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