Posted by Gun Guru on April 21, 2010 at 15:10:03 from (66.227.197.252):
Well I can sleep easier now. Yesterday afternoon my broker sold all my HGM series bonds, I had invested $10k in an IRA into these bonds that have a face value of $25, and paid 7.38% interest. To make long story short I got all my money back with selling them yesterday at $7.72, I actually made about 5% in 2.5 years on the bonds. The bonds are traded on the delisted bond sheet or something. (my broker called me and asked if I wanted to sell them) I said He!! yes at that price. I am real lucky that I got my money back, a year ago I thought I would be lucky to get 1/2 it back.
If you own GM notes you may want to check and see what you can sell them for.
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