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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