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L0RDZ (81.71)

GM not so generous to its shareholders

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5

June 04, 2013 – Comments (2)

Okay  so  like back  in  2010   I   got excited  into  obtaining  shares   of   GM

And  now  finally after  2  years  of  being  under water  for  most  of  my  ownership  I find myself  back  in   the  black  ~~  LOL  ~~   much better  than being in  the  red  but  I  really  can't  say  I'm  in  the green.

Honestly  it's  all  about  the  money  and  I've  found GM  to be  a  rather  bad  investment  so  I'm  pondering  as  to  whether   I  should  dump  it  and  take  my  chances  either  watching it  tank  or  soar from the  sidelines.

So  when  I  see   employees  and  management  cry  at  GM about  their  compensation  I  just  want  to interrupt  and  ask   or  more  so  demand  what  about  me.

I  obtained  GM  not  to  make  a  nice  work-place  for  management  and  or  employees,  but  to  obtain a  return  on  my  investment.

Had  I simply bought  more  pepsi  ~  I  would  have  received  dividends  in  addition  to some  nice  stock  appreciation   ~   honestly  most  other  stocks  are equally  if  not  much  more  appreciated  in value...

Heck  Ackman's  selling  his  railroad  and  according  to  his  propoganda  his  price  had  tripled on him from  where  he  got  it.

So  what  should  a   fool  like me do ?

I  know  its  being  re-added  to  the  sp100  and  sp500,  but  thats  only  going  to  make  my  investment  more  correlated  to  the  general   up  or  down  reaction  in  the markets  where  despite all  the  talk  of  diversification  ~   you  still  are  subjected  to  the  gravitational  forces  of  the  markets  in  general.

 

2 Comments – Post Your Own

#1) On June 04, 2013 at 1:45 PM, TMFTwoCoins (83.17) wrote:

I won't advise you to buy or sell now, however, GM reminds me of where Ford was at two to three years ago. GM took notes on how Ford tightened up its operations to improve margins, and will likely re-gain lost market share as it refreshes, redesigns, or replaces 90% of its vehicles by 2016. By that same timeframe, management expects losses in Europe to be zero, both providing a lot of upside for the stock value over the next 3-5 years. 

 That's just my two cents, I bought in at $26 and plan to hold. 

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#2) On June 04, 2013 at 2:45 PM, L0RDZ (81.71) wrote:

I've seen  fair  value targets  prices  on  the stock  from  the  56 to  25.

The only  thing  that seems  to keep  management  from  giving  itself and  its underlings huge  raises  is  the  stake  the  treasury dept  retains  in  GM.

As of March 31, 2013, the company's combined U.S. and non-U.S. pension funds were underfunded by

about $26.3 billion.

Underfunded  by  close to the same  amount of  $$  it has on hand..

 

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