'Old GM' Resumes Trading Under New Symbol (MTLQQ)
Shares of 'Old GM' (OTC: MTLQQ), now known as Motors Liquidation Company, are trading again today under its new stock symbol 'MTLQQ' after being halted on Friday. Shares were being traded under the ticker (OTC: GMGMQ) before the halt and symbol change.
Surprisingly, investors still see value in the stock. MTLQQ is trading at $0.89 after last trading at $1.15 on Friday. Down 22%, but certainly not down and out.
I guess the fun is not over for the 'old GM', despite warnings that trading in the bankrupt company is dangerous for your portfolio and maybe even your health.
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