General Motors going public again whos buying.

capitalist pig · 08-16-10, 05:44 PM

This will be a disaster, I just dont see it turning out well,JMO.

later

tltaylor89 · 08-16-10, 05:49 PM

Originally posted by capitalist pig

This will be a disaster, I just dont see it turning out well,JMO.

later

I just want it for the initial 1 day pop.

TodaysAction · 08-16-10, 06:01 PM

I'll take a chance.

nosniboR11 · 08-16-10, 08:19 PM

government motors is going to get you again

Bill Dozer · 08-16-10, 08:47 PM

Unlimited funding! GM investors can Martingale. Just keep rebuying 2x your last buy in.

tltaylor89 · 08-16-10, 09:06 PM

Dozer buying 100000 shares baby.

SBR_John · 08-16-10, 09:49 PM

Those pukes, how about my GM bonds trading at .33 on the dollar that were supposed to be honored in or out of bankruptcy?? Well they did pay 8% for 5 years so not a total loss I reckon. As far as buying GM stock? Off the top of my head I can't think of a worse investment.

pavyracer · 08-16-10, 09:55 PM

Buying US company car stock is suicidal. The unions are too powerful and they will suck up all the profits.

Better chance with buying stock for an ice making business in the Arctic circle.

tltaylor89 · 08-16-10, 10:41 PM

ROFL Dammit nobody wants to take the plunge

Waz · 08-16-10, 10:52 PM

This should be a very nice short term play, but probably not a great long term play.