4 ms·
I didn't see any price spike
by yetanotherphd 13y ago
I didn't see any price spike
- lotharbot 13y agoI didn't say "price spike", I said "distort the price". There is no question that the government's large stake in GM -- and their desire to unload it over the next 6 months or so -- means that there is some degree of "oversupply" of GM stock. Investors, whether buyers or sellers, have to factor that into their decisions regarding GM stock. I'm not convinced that the market for GM stock is sufficiently liquid to mitigate that.