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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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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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#2 |
Confirmed User
Join Date: Oct 2005
Location: Frost
Posts: 807
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never pick lows
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#3 |
I am cool
Join Date: Jul 2003
Posts: 14,494
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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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#4 | |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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#5 |
Show Yer Tits!
Industry Role:
Join Date: Feb 2002
Location: Somewhere Out there...
Posts: 25,792
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I would wait it out...
__________________
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#6 | |
I am cool
Join Date: Jul 2003
Posts: 14,494
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Quote:
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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#7 |
Dialer Kingpin
Join Date: Jun 2003
Location: New York
Posts: 10,816
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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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#8 | |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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#9 | |
I am cool
Join Date: Jul 2003
Posts: 14,494
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Quote:
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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#10 | |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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Quote:
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#11 |
Confirmed User
Join Date: Oct 2005
Posts: 103
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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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#12 |
Dialer Kingpin
Join Date: Jun 2003
Location: New York
Posts: 10,816
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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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#13 | |
Confirmed User
Join Date: Nov 2002
Location: Belgium
Posts: 7,383
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Quote:
I would stay away from GM. |
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#14 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,622
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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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#15 |
Confirmed User
Join Date: Feb 2002
Location: Vegas
Posts: 5,741
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There will be a government bailout. Mark my words.
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#16 |
Registered User
Join Date: Nov 2005
Location: NYC
Posts: 44
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If you've got the money to invest, BUY IT and wait it out....
__________________
-=-Your site probably isn't nearly as secure as you think-=- |
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#17 | |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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#18 |
I can change this!!!!!
Join Date: Feb 2004
Posts: 18,972
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I would wait. I bet it goes lower.
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#19 |
Doing the grind since 99
Industry Role:
Join Date: Oct 2003
Location: Buffalo NY
Posts: 16,881
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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.
__________________
Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws |
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#20 |
Confirmed User
Join Date: Mar 2005
Location: The Sunshine State
Posts: 4,365
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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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#21 | |
Dialer Kingpin
Join Date: Jun 2003
Location: New York
Posts: 10,816
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#22 |
Dialer Kingpin
Join Date: Jun 2003
Location: New York
Posts: 10,816
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#23 |
I am cool
Join Date: Jul 2003
Posts: 14,494
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HOLD HOLD HOLD From Strong SELL!!
I say DUMP DUMP DUMP!! So I can buy cheap |
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#24 |
Dialer Kingpin
Join Date: Jun 2003
Location: New York
Posts: 10,816
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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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#25 |
Confirmed User
Join Date: Aug 2004
Location: South East
Posts: 1,621
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short the stock...
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#26 |
Confirmed User
Join Date: Mar 2004
Posts: 798
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buy what everyone else hates.
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#27 | |
Dialer Kingpin
Join Date: Jun 2003
Location: New York
Posts: 10,816
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