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. :helpme

never pick lows

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?

I would wait it out...

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 lost a bit on GM.
You can probably play it with some smart tactics, but I dont know.

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?

The way things are shaping up its probably gonna look like a short sell recommendation :helpme :( :1orglaugh

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

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.

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.

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.

There will be a government bailout. Mark my words.

If you've got the money to invest, BUY IT and wait it out....

Chrysler REDUX?

I would wait. I bet it goes lower.

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.

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.

Sell USD GM GENERAL MOTORS CORP 1188 $20.95 $22.59 $26,836.92 7.83% +$1,948.32

HOLD HOLD HOLD From Strong SELL!!

I say DUMP DUMP DUMP!! So I can buy cheap

It's going to be a long hold.
But if you daytrade, it will be a fun/risky ride.

short the stock... :2 cents:

buy what everyone else hates.

Sell Limit GM 1188 $23.00 $29.95 $27,294.05