If GM has controlling percentage it will stay as GM stock. If GM declares bankruptcy (which could happen) and reorganizes, the current stock is worthless. However I am really thinking about purchasing about a 1000 dollars worth of shares next week since it is so low right now. I believe they will survive and the China market is really doing great regarding GM cars. Plus the new volt will be coming out so I guess I will be throwing the dice and hope for 7 or 11. I could very easily roll a two, three or twelve and crap out on this so I am not advocating for anyone else to follow my logic. I think this is a great time to invest in individual companies that the shares have gone down but are good solid companies such as boeing, etc.

Remember you do not realize a loss unless you sell.