Quote:
Originally Posted by Martinjlm
GM closed at 36.59. Up $3.05. I’ll take 9% gain. Now, to your point, I’d be shocked if it held that price for more than a week. So if you bought yesterday, sell tomorrow and bank the 9%.
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That is a pretty good jump. In the past week they've gone up about 20%, but back in June they were up in the low $40 range.
I hope I never understand how investors rationalize things.