Gm stock went UP after if filed for bankruptcy.Its UP more now that the bankruptcy is a done deal. There are a lot of people buying and bidding the price higher.Must be they know something no one else does. Or maybe they are just dumb as a box of rocks and the stock is worth less than nothing.
Look for a flat spot if they issue a lot of shares to swap out their paper bonds.Ford same thing.Just price dressing so they can give fewer shares for the bond paper. Then the price will be down again and that could be the buying op.blueshade44