I don't believe this GM is in the DOW anymore, however,
'Government' Motors IPO is a huge political bonus and it really
should close higher than the open today to make good on all the
payback the dealers have gotten in recent months. Sentiment
Trader posted charts today on what happens after the fact of large
IPO's , and it's not pretty.
Posted by fixdgear on 18th of Nov 2010 at 10:53 am
they rock the stock to 35 mayyybe 40..then it joins FORD at
$17...
tell me why it should be twice the
price FORD is..their cars still suck and certainly not better than
fords...maybe toyota..lol..but not ford..
GM
SDS
Posted by hazbin1 on 18th of Nov 2010 at 10:41 am
I don't believe this GM is in the DOW anymore, however, 'Government' Motors IPO is a huge political bonus and it really should close higher than the open today to make good on all the payback the dealers have gotten in recent months. Sentiment Trader posted charts today on what happens after the fact of large IPO's , and it's not pretty.
GM
Posted by fixdgear on 18th of Nov 2010 at 10:53 am
they rock the stock to 35 mayyybe 40..then it joins FORD at $17... tell me why it should be twice the price FORD is..their cars still suck and certainly not better than fords...maybe toyota..lol..but not ford..
GM
Posted by hazbin1 on 18th of Nov 2010 at 10:56 am
now Fixdgear, GM may stand for 'Government' Motors, but FORD stands for 'Fix Or Repair Daily'. I prefer Honda.