Mark: That is only partly true. I used to work at a large public company that automatically gave you a discount below the market value of the stock when you bought some. I only had a total of 100 or so shares of it and I sold all that I could when the price was high. Everyone that worked there knew that it was a good deal so they bought it and sold what they could.
Now as far as GM goes.....My BIL lost a pile of money when he kept all his stock till the very end when GM went bankrupt.....Super stupid.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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