Random Stock Market Thoughts

Tuesday, December 20, 2005

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Great realmoney.com comment

From David Merkel @ realmoney.com:

So, as we watch GM fall, don't take comfort in the idea that because Mr. Kerkorian is invested in it, GM will somehow turn around. If anything, because of the size of his position, he is more trapped than other investors, because at his size, his selling would demolish the price that he would receive.

Good story on not always following big investors. Realmoney.com is a great site, I recomend that all of you subscribe to it.

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