Did any of you make money from the GM IPO.

[tltaylor89]

Demand was high we only got 115 million shares and an Asian client brought them all.

[blackbeSSt]

anybody planning on buying GM stock tomorrow?

IPO is at $33 a share. any takers?

[tltaylor89]

Asian group brought 115 million shares of GM at our firm.

[floridagolfer]

Not me. Auto stocks are as dicey as airlines.

[LLXC]

115 million would be $3.8 billion...?

[tltaylor89]

115 million would be $3.8 billion...?

Correct.Plus commissions $4.25 billion

[purecarnagge]

yup, why wouldn't you. Government is going to take a loss on there money. You can't bail something out then say, it failed anyways...

I also bought 35k of citi group stock when it was under a buck and going to be taken over by the US government...so they bailed out the auto industry, they bailed out AIG, they bailed out the banks...

No risk no reward, and this shit is legal and easy.

[tltaylor89]

High will be $46-$48 tomorrow.

[Fieldysnuts44]

missed out on that deal, guess being caucasion hurt me

[k13]

peasants will get their shares at $50, won't they?

[pokernut9999]

The average investor can not purchase IPO's

[tltaylor89]

The average investor can not purchase IPO's

Not totally the truth ,your broker may have a limited amount.

[tltaylor89]

peasants will get their shares at $50, won't they?

Correct unless you already have shares.

[pokernut9999]

Not totally the truth ,your broker may have a limited amount.

Correct and they are never available to the average investor.

Key word average investor

Only the biggest clients have a shot at them.

[tofuman]

i already own GM unfortunately (i pay my taxes).

[tltaylor89]

Correct and they are never available to the average investor.

Key word average investor

Only the biggest clients have a shot at them.

I managed to get 5000 shares. Limit sell order@ 48.65 is set.

[C-Gold]

Goes against any common sense investing principle out there.

[clarkd32]

i'll stick to buying some more gold and silver...

[BrentCrude]

Even if you don't buy any shares you are an unwilling shareholder if you pay taxes.Totally unacceptable socialism.From each according to his ability,to each according to his need bullcrap!!!Here is a GM and government comparrison in this whole communist bailout debacle.

The parent is the government and the GM union employee is the 8 year old Beaver Cleaver kid.The little kid recklessly blew his allowances for years on candy and now he left his bike outside where it shouldn't have been and the carnival was in town and a gypsy stole it.Ward Cleaver ''Obama''says to Beaver ''the union workers''I'll buy you that nice Schwinn 10 speed bike in the window of the mom and pop bike shop on Maple Street but you have to promise me that you will pay back the $200 that the bike cost.You will get a paper route and rake leaves at neighbors houses to pay me back.The kid gets the bike and gets a couple leaf raking jobs and makes $4 the first week and says,I'm tired and I don't feel good raking leaves so I'm not going to do it anymore.Ward Cleaver ''Obama''says to Beaver ''the union employees'',ok you made a good effort trying to pay me back and you have learned a valuable lesson so I'll forgive the bike loan. Yea!!!!!Happy Days are here again.GM is self made and got back on their feet all on their own hard work.Na,,,it had nothing to do with the tax payer forgiving all the humongous loans they got that they will never pay back .


If GM was left to die on the vine as the true free market dictated,a solvent company like Ford would have sold more vehicles to people who used to by GM's before it went out of business.The government should have to pay Ford shareholders money as a settlement for their shares being worth less because of the GM bailout.

[SBR_John]

No... I got screwed on their bonds.. They are stiffs as far as i'm concerned.

[harlee71]

Good luck to all, but if you put lipstick on a pig....

[doublej95]

if it was $3 a share I would buy it, $33 a share is over priced for a terrible company.

[C-Gold]

Just say NO to GM stock
and I'll never buy one of their over priced junkmobiles either

[tltaylor89]

if it was $3 a share I would buy it, $33 a share is over priced for a terrible company.

Not for the 1 day pop.

[Extra Innings]

No...garbage company with NO FUTURE as long as they have to deal with Unions and Pensions.

[doublej95]

Not for the 1 day pop.

wait, what was that sound? Oh, that's the air coming out of tire that poped 30 years ago.

[jjgold]

Most guys here do not even know what a brokerage account it

Only insiders get in on these deals

[Extra Innings]

I managed to get 5000 "air" shares. Limit sell order@ 48.65 is set.

Fixed that for you Teddy

[tltaylor89]

Fixed that for you Teddy

Ha Extra the people at Goldman are very good to me.

[flyingillini]

I didn't make any money from the IPO. I did buy 85k worth of PCBC though today.

[Michaelmakesit]

I managed to get 5000 shares. Limit sell order@ 48.65 is set.

how the fk do u have over 150k for stocks taylor ??
did u add 3 too many zeros ?

[Extra Innings]

Ha Extra the people at Goldman are very good to me.

as are you

[tltaylor89]

I didn't make any money from the IPO. I did buy 85k worth of PCBC though today.

Inside info?

[pavyracer]

I bought 1 billion shares of GM stock today.

[flyingillini]

Inside info?

Nope not at all.