Replies to post #38701 on Options Wonderland

[samaelrocks]

You have to know there will be a big pop when the government comes in to bail them out. IMO, of course.

[OptionMonster]

Deutsche bank downgrades GM to sell>>Price target ZERO!

[3xBuBu]

you have to be very careful to play GM,
upside is due to Fed bail-out, if any,
down side is huge,
Standard & Poor's cut its ratings on General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz) and Fitch Ratings said it may also cut them, while Moody's Investors Service downgraded Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) and its finance unit deeper into junk territory.