Finally the CEO at GM stepped up and bought $900,000 worth of stock on 5-11. I originally posted on GM on March 12th. GM and the Japan earthquake disaster present a compelling opportunity. We’ve traded in and out of the stock a couple of times mostly sucessful. Today we stepped up again. I’m not crazy about the chart but we took a major position anyway. It was very interesting listening to hedge fund legend, Leon Cooperman opine on CNBC today about the merits of investing in GM. I’m sure I’ve made more money it on than Leo but I dont’ have to move millions in and out. Darn.
