I don't "Trade" stocks per say but if I decided to invest in GM it would be for a potential short term gain or "Trade" verses a longer term buy & hold investment.
The Bankruptcy did allow the company to discharge a considerable amount of debt from it's books however GM still remains in a "Questionable" financial situation going forward. What if the economy takes another dip and consumer spending is dampened again? How will the auto makers weather the storm? Plenty of other stock issues on both the NYSE & NASDAQ to check out before looking at GM.
Just an Opinion.