Wall Street shuns auto stocks despite consumer interest

Full story: USA Today 16
Consumers are flocking back to showrooms, banks are more willing to lend and there are dozens of new models that people want to drive, but Wall Street is shrugging. Full Story

Since: Jan 07

Location hidden

#1 Mar 14, 2011
Seriously? People don't understand why investors are avoiding American auto stocks? Geee maybe because after $140billion in bailout money, supposed restructuring, and now back to the same crap that got them in trouble in the first place. In 10years, or less, they will have their hand out to the government for another bailout.

GM should have been allowed to fail
Chrysler should have been allowed to fail
scout

San Francisco, CA

#2 Mar 14, 2011
DavidH64 wrote:
Seriously? People don't understand why investors are avoiding American auto stocks? Geee maybe because after $140billion in bailout money, supposed restructuring, and now back to the same crap that got them in trouble in the first place. In 10years, or less, they will have their hand out to the government for another bailout.
GM should have been allowed to fail
Chrysler should have been allowed to fail
Exactly. Americans will NOT buy GM or Chrysler as they were handed BILLIONS of taxpayer dollars, without their consent, by our MARXIST federal government.

If ya don't think so, check out again how well Ford is doing! Ford will continue to grow unless they revert to building junk like they did between 1971 and 1994!

People have long memories about being ripped off, and Americans have HAD ENOUGH, has the DC Marxist politicals are about to be reminded AGAIN come the next election.

Tea baggers are the only option.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#3 Mar 14, 2011
I direct this to those who feel, well... butthurt about the success at General Motors.

The nitty gritty of it all is that General Motors Corporation was incorporated in 2009, with public offering in 2010. Motors Liquidation Company is the entity those complaining need to focus their energy at.

If you hate GM, then hope and pray they succeed so that you (ie: our government) can completely remove your share in the company. We, as tax payers, all have a vested interest in the success of GM. Get that through your heads and you'll understand why it's important to stand behind them right now.

GM remains America’s #1 auto manufacturer.

Since: Nov 10

Monte Vista, Colorado

#4 Mar 14, 2011
I see GM's stock is already down 3.5% in value from its original public offering price last November. Watch it nosedive to $25 before the year is out. Most of the $20 billion raised in the IPO went to union retirement and medical funds. Same old same old.

Since: Jan 07

Location hidden

#5 Mar 14, 2011
JJFADS wrote:
I direct this to those who feel, well... butthurt about the success at General Motors.
The nitty gritty of it all is that General Motors Corporation was incorporated in 2009, with public offering in 2010. Motors Liquidation Company is the entity those complaining need to focus their energy at.
If you hate GM, then hope and pray they succeed so that you (ie: our government) can completely remove your share in the company. We, as tax payers, all have a vested interest in the success of GM. Get that through your heads and you'll understand why it's important to stand behind them right now.
GM remains America’s #1 auto manufacturer.
LMAO! Yea right. 20% below it's IPO. Sure GM is real strong and successful. You must be listening to the crap that emanates from the White House without checking the facts.

I will stick with Coal and Gold mining, for now. I am up +60% in less than a year.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#6 Mar 14, 2011
windypoint wrote:
I see GM's stock is already down 3.5% in value from its original public offering price last November. Watch it nosedive to $25 before the year is out. Most of the $20 billion raised in the IPO went to union retirement and medical funds. Same old same old.
Investors will manipulate GM stock as the government commences sale of the stock received during the financial crisis. This action will create – as seen with Citibank an air of artificially low pricing. Thus, this may be a unique buying opportunity for GM common stock.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#7 Mar 14, 2011
DavidH64 wrote:
<quoted text>
LMAO! Yea right. 20% below it's IPO. Sure GM is real strong and successful. You must be listening to the crap that emanates from the White House without checking the facts.
I will stick with Coal and Gold mining, for now. I am up +60% in less than a year.
You can “laugh your ass off” all you like but the fundamentals are there. This company just posted a 49% increase in sales on strong retail, transaction prices are high, and Buick sales have just blown by Lexus. They earned two more points of market and it looks as if this trend will continue due to the diverse and competitive lineup in the pipeline. But hey, don’t listen too me. Just move forward, dwell on the past, and tell this Republican he’s listening to the dummy in the white house. Yes, that’ll work.

Since: Jan 07

Location hidden

#8 Mar 14, 2011
JJFADS wrote:
<quoted text>
You can “laugh your ass off” all you like but the fundamentals are there. This company just posted a 49% increase in sales on strong retail, transaction prices are high, and Buick sales have just blown by Lexus. They earned two more points of market and it looks as if this trend will continue due to the diverse and competitive lineup in the pipeline. But hey, don’t listen too me. Just move forward, dwell on the past, and tell this Republican he’s listening to the dummy in the white house. Yes, that’ll work.
Geee let me do the math;

Past 6months I could have made -20% on GM
or
Stick with my present +60% on Gold and Coal mining

I don't know, you tell me genius. Which way should I go? LMAO! Do you think I made a mistake? Maybe you recommend I should invest in Sirius too?

Sorry but I made more in the past +6months on Gold and Coal, then I could possibly earn after 3 years sitting on GM. Unless you are going to offer more insight and predict GM will grow by 200% before year end? LMAO! And pigs will fly.

Since: Nov 10

Monte Vista, Colorado

#9 Mar 14, 2011
JJFADS wrote:
<quoted text>Investors will manipulate GM stock as the government commences sale of the stock received during the financial crisis. This action will create – as seen with Citibank an air of artificially low pricing. Thus, this may be a unique buying opportunity for GM common stock.
I disagree, although the $20 billion GM raised from their IPO last November was the most successful single-day public offering in history. I own two late-model GM vehicles and honestly wish GM good tidings, especially since both vehicles are still under warranty. I also owned 1000 shares of the old GM that became worthless when they filed for bankruptcy. It wasn't that bad a hit. I think I paid $2.65 a share (the same week Deutsche Bank was warning the world that GM stock was utterly worthless...did I listen?).

At any rate, I think their stock is artificially high, maybe by a factor of two or three (I'm suspicious of how fast that $20 billion rolled in at $33 a share, and where most of it came from). It'll take several more years for GM to recover to the point that American and Canadian taxpayers are off the hook, and that's assuming GM can turn a profit from here on out. I hope they do.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#10 Mar 14, 2011
DavidH64 wrote:
<quoted text>
Geee let me do the math;
Past 6months I could have made -20% on GM
or
Stick with my present +60% on Gold and Coal mining
I don't know, you tell me genius. Which way should I go? LMAO! Do you think I made a mistake? Maybe you recommend I should invest in Sirius too?
Sorry but I made more in the past +6months on Gold and Coal, then I could possibly earn after 3 years sitting on GM. Unless you are going to offer more insight and predict GM will grow by 200% before year end? LMAO! And pigs will fly.
You are defensive and there’s no reason to justify your investing decisions to us. We never suggested you purchase gold or coal or GM for that matter, therefore your rant is moot. At any rate my presence here was to expose your ideas regarding GM as emotional and misguided. They should be dismissed as such.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#11 Mar 14, 2011
windypoint wrote:
<quoted text>
I disagree, although the $20 billion GM raised from their IPO last November was the most successful single-day public offering in history. I own two late-model GM vehicles and honestly wish GM good tidings, especially since both vehicles are still under warranty. I also owned 1000 shares of the old GM that became worthless when they filed for bankruptcy. It wasn't that bad a hit. I think I paid $2.65 a share (the same week Deutsche Bank was warning the world that GM stock was utterly worthless...did I listen?).
At any rate, I think their stock is artificially high, maybe by a factor of two or three (I'm suspicious of how fast that $20 billion rolled in at $33 a share, and where most of it came from). It'll take several more years for GM to recover to the point that American and Canadian taxpayers are off the hook, and that's assuming GM can turn a profit from here on out. I hope they do.
Good thoughtful post.

Since: Jan 07

Location hidden

#12 Mar 15, 2011
JJFADS wrote:
<quoted text>You are defensive and there’s no reason to justify your investing decisions to us. We never suggested you purchase gold or coal or GM for that matter, therefore your rant is moot. At any rate my presence here was to expose your ideas regarding GM as emotional and misguided. They should be dismissed as such.
LMAO! You're defending GM as tho it is the stock buy of the century. When nothing could be more further from that. It is a lead anchor, a loser. I trade and invest to make money, not lose money, or tie up funds in the hope a stock will turn around.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#13 Mar 15, 2011
DavidH64 wrote:
<quoted text>
LMAO! You're defending GM as tho it is the stock buy of the century. When nothing could be more further from that. It is a lead anchor, a loser. I trade and invest to make money, not lose money, or tie up funds in the hope a stock will turn around.
Incorrect-

It would behoove you to go back and read the posts. Your investing decisions are a moot topic at best. You would be hard pressed to find anyone here interested in what you buy whether it is GM, diamonds, or dildos.

At question was the conjecture you spewed at the onset of the conversation, and that was wrong. You were emotional and shot from the hip. That will nip you in the bottom every time.

At any rate, have a great day and try not to be so defensive.

Regards,

Since: Jan 07

Location hidden

#14 Mar 15, 2011
JJFADS wrote:
<quoted text>Incorrect-
It would behoove you to go back and read the posts. Your investing decisions are a moot topic at best. You would be hard pressed to find anyone here interested in what you buy whether it is GM, diamonds, or dildos.
At question was the conjecture you spewed at the onset of the conversation, and that was wrong. You were emotional and shot from the hip. That will nip you in the bottom every time.
At any rate, have a great day and try not to be so defensive.
Regards,
60% profit over a 20% loss is moot? ROFLMAO!!! Ummm ok. You should let others invest your money for you. You are wasting your time and money buying stock that will takes years to show any significant profit.

Starting today I will be investing in Japan because of the huge decline. I will continue to make a mint, while you invest in GM and sit and wait, and wait some more.

I'm 46 and will retire in 2-3 more years. How about you? I think my investments and earnings speak for themselves.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#15 Mar 15, 2011
Again, it would behoove you to go back and read the posts. The only thing I said relevant to buying GM stock was that it simply may be a unique buying opportunity. As for GM stock and my holdings, well, they equal zero. Truth be told the company is performing marvelously and the fundamentals are there. What I took exception to was the conjecture you spewed at the onset of the thread. At any rate, you are shooting from the hip in an emotional manner and that is not good.

RE investment in Japan – Do what you wish though I would suggest someone of your age and meager wealth might want to research China.

Good luck in your trading and have a great day.
Regards,

Since: Jan 07

Location hidden

#16 Mar 15, 2011
JJFADS wrote:
Again, it would behoove you to go back and read the posts. The only thing I said relevant to buying GM stock was that it simply may be a unique buying opportunity. As for GM stock and my holdings, well, they equal zero. Truth be told the company is performing marvelously and the fundamentals are there. What I took exception to was the conjecture you spewed at the onset of the thread. At any rate, you are shooting from the hip in an emotional manner and that is not good.
RE investment in Japan – Do what you wish though I would suggest someone of your age and meager wealth might want to research China.
Good luck in your trading and have a great day.
Regards,
For a long (very long) maybe. But the return over time, not my bag. I prefer shorts, and make a good deal of money on my trading strategies.

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