how can I buy GM stock?

[wartrace]

Quote from newguy05:

can you short the bankruptcy stocks?

if yes cant you just short it, provided you have enough buffer for short term movement, eventually they will goto 0 no?

wha's the catch

Nobody is going to give away "free" money. From whom are you going to borrow the stock in order to short it?

 

[monty21]

Quote from newguy05:

can you short the bankruptcy stocks?

if yes cant you just short it, provided you have enough buffer for short term movement, eventually they will goto 0 no?

wha's the catch

When a stock goes under $5 it becomes difficult to short. Few companies (big caps) are still sometimes shortable... C is a good example.

Most companies facing the possibilities of bankruptcy/restructuring are not shortable.

Shorting a stock that is in this stage is also very risky. What if it is trading at $1 and someone is willing to buy the company for $2. You could lose some money on any good news.