For Investors, the Shine Is Off the New GM
The new General Motors made its Wall Street debut with much fanfare last November.Full Story
#1 Apr 15, 2011
America has no faith in GM, thats why they discount there product more than any automaker, but they have to do this to sustain market share, March sales will tank for GM, add all this UAW contract talk in the news,(which will piss off Americans),will continue to lower the price of the stock, the government cant get out of this one,only because it will never get to $56.00 per share for the Obama,and all that bragging about how the bailout was a success, will backfire, and the Taxpaying Americans will be screwed out of Billlions of dollars, and Obama will loose the election. Thank God
#2 Apr 15, 2011
The people must have twice the faith in GM, than they do in fords, because GM stock is twice the price of ford!
#3 Apr 18, 2011
I think GM will continue to fall to $23 to 26 range by july and 18 to 23 range by December. Without huge discounts, they continue to lose marketshare, and there for drop there profit margins,and thats not good for the share holders! Throw in all this talk about giving back what they gave up(cost of living, and maybe 2 sickdays)wont sent a good message to the American taxpayers that kept you in a job! Note no one in congress, would even mention the word GM bailout again, without getting stoned to death!
#4 Apr 18, 2011
JJfeds; GM stock 29.90 today! And those great VOLT cars, are a fire hazard! Fire,Volt UAW contract in the news=lower stock price!
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