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Old 11-17-2005, 02:38 AM   #1
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Buying GM Stock

http://www.breitbart.com/news/2005/1....u70xusda.html

Anyone tempted to buy GM stock since its at 18 year lows? My biggest concern is that it may not have hit rockbottom yet.
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Old 11-17-2005, 02:39 AM   #2
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never pick lows
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Old 11-17-2005, 02:40 AM   #3
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As Said on mad money.

you don't buy GM for Cars/production/cost of gas

You look at it on the Healthcare medicare plans paid out to the employes how much that is costing GM
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Old 11-17-2005, 02:43 AM   #4
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As Said on mad money.

you don't buy GM for Cars/production/cost of gas

You look at it on the Healthcare medicare plans paid out to the employes how much that is costing GM
It's costing them (as well as their suppliers) a LOT. Any predictions how LOW this stock will go?
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Old 11-17-2005, 02:46 AM   #5
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I would wait it out...
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Old 11-17-2005, 02:48 AM   #6
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It's costing them (as well as their suppliers) a LOT. Any predictions how LOW this stock will go?
The stock needs CPR. I am almost willing to say bottemed out around 17.00 a share

Cramer is saying he isn't giving up on the stock. So I might buy some @ 20.00 and some @ 17 if it drops lower
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Old 11-17-2005, 02:50 AM   #7
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I lost a bit on GM.
You can probably play it with some smart tactics, but I dont know.
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Old 11-17-2005, 02:51 AM   #8
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The stock needs CPR. I am almost willing to say bottemed out around 17.00 a share

Cramer is saying he isn't giving up on the stock. So I might buy some @ 20.00 and some @ 17 if it drops lower
I wonder if using a BOOK VALUE to Stock price analysis is warranted in this situation...
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Old 11-17-2005, 02:56 AM   #9
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I wonder if using a BOOK VALUE to Stock price analysis is warranted in this situation...
Fears of GM bankruptcy cast long shadow on market

https://us.etrade.com/e/t/invest/Sto...arketWatch.com

Thats all I need to know. When there is a PR with rumors of Chap 11. No mater what the stock is going to fall. 9 times out of 10

Whats the Rating right now? Buy Hold or Sell?
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Old 11-17-2005, 02:57 AM   #10
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Originally Posted by KMR Stitch
Fears of GM bankruptcy cast long shadow on market

https://us.etrade.com/e/t/invest/Sto...arketWatch.com

Thats all I need to know. When there is a PR with rumors of Chap 11. No mater what the stock is going to fall. 9 times out of 10

Whats the Rating right now? Buy Hold or Sell?
The way things are shaping up its probably gonna look like a short sell recommendation
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Old 11-17-2005, 03:37 AM   #11
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i cant find it but there was a thread on here about how southern cali dealerships are waaaay over stalked in the new H3. they are ugly as sin, and they dont sell at all..so what does GM do? they up their production of them some 30% or so.. i think it would be a very bad idea to invest in them right now, put your money in oil, fiber optics for internet communication, or extrude honing companies
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Old 11-17-2005, 04:18 AM   #12
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I placed a buy limit on my simular game for 1100 shares
I'd be pretty pissed if it shoots up, and I didnt buy any real shares.
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Old 11-17-2005, 05:54 AM   #13
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never pick lows
True, only buy GM if you know what you're doing, and if are ready to hold like a few years. I almost always invest in stocks who have hit their all time high, and doing quite well!

I would stay away from GM.
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Old 11-17-2005, 06:00 AM   #14
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a spin off just went bankrupt and GM might be liable for a huge pension fund. could pull even GM under. Lots of good places to put money rather then bet they survive.
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Old 11-17-2005, 06:05 AM   #15
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There will be a government bailout. Mark my words.
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Old 11-17-2005, 06:15 AM   #16
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If you've got the money to invest, BUY IT and wait it out....
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Old 11-17-2005, 07:02 AM   #17
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There will be a government bailout. Mark my words.
Chrysler REDUX?
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Old 11-17-2005, 07:18 AM   #18
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I would wait. I bet it goes lower.
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Old 11-17-2005, 07:22 AM   #19
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I wouldn't touch it with a 10 foot pole right now. With Delphi having major issues that stock could continue to make new lows ongoing.

Plenty of other good plays out there.
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Old 11-17-2005, 07:25 AM   #20
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GM still thinks that it's 1972 with the way in which they build their cars. Except for a few Cadillacs and the Corvette their technology is antiquated and pedestrian at best.

They still use Pushrod engines as though they are superior technology.

Take some clues from the Europeans and the Japanese who've perfected automotive engineering. They are innovative and inventive and constantly challenging the status quo.

Look at cars like the Monte Carlo. Front wheel drive, underpowered, poorly styled, handles like a dump truck on a road of marbles and this is their Flagship car on which their NASCAR contingents are based.

Chrysler is leaps and bounds ahead of GM in that they are learning new engineering processes from their Mercedes Benz partners. They are even integrating and crossing platforms.

GM has done a bit of cross production with Toyota, hence the 1980's Nova and the 1990's GEO Prism which were essentially Toyota Corollas. There have been a few pontiacs that had Toyota cousins too such as the current Pontiac Vibe which is the also marketed and sold in a similar package as the Toyota Matrix. Pontiac has recently released their Australian Holden Monaro as the Pontiac GTO, a car that isn't typically domestic GM.

The problem is that Americans need to demand better, however, GM persists because people continue to buy their cars.

I don't see the stock doing much until they can reinvent themselves, not in marketing but in production, process and philosophy.
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Old 11-17-2005, 02:30 PM   #21
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Quote:
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never pick lows
Sell USD GM GENERAL MOTORS CORP 1188 $20.95 $22.59 $26,836.92 7.83% +$1,948.32
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Old 11-17-2005, 07:10 PM   #22
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http://www.signonsandiego.com/news/b...m-wagoner.html
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Old 11-17-2005, 07:52 PM   #23
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HOLD HOLD HOLD From Strong SELL!!

I say DUMP DUMP DUMP!! So I can buy cheap
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Old 11-17-2005, 08:26 PM   #24
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It's going to be a long hold.
But if you daytrade, it will be a fun/risky ride.
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Old 11-17-2005, 08:27 PM   #25
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short the stock...
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Old 11-17-2005, 08:50 PM   #26
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buy what everyone else hates.
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Old 11-21-2005, 12:04 AM   #27
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Quote:
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Sell USD GM GENERAL MOTORS CORP 1188 $20.95 $22.59 $26,836.92 7.83% +$1,948.32
Sell Limit GM 1188 $23.00 $29.95 $27,294.05
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