General Motors Company (NYSE:GM)

CAPS Rating: 2 out of 5

The Company is engaged in the worldwide development, production, and marketing of cars, trucks, and parts.

Recs

1
Player Avatar pchop123 (76.57) Submitted: 7/16/2012 2:08:34 PM : Underperform Start Price: $19.49 GM Score: -8.02

Leveraged Chinese Government Motors, which does 70% of their manufacturing outside the US, even though it was bailed out by the American taxpayers, who have an unemployment problem. Even about 50% of their R&D in going to be done in China now. I have bought my last GM vehicle !!!!!

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Member Avatar rranly (66.73) Submitted: 7/16/2012 11:56:08 PM
Recs: 0

I agree, will never by GM again! Their commercials about having paid their debt makes me sick. Why does our government still own their stock down > 50%. The unions will also be the first to see any profit, an easy red thumb. Why would anyone put their money here.

Member Avatar naughtyguy (31.56) Submitted: 7/23/2012 10:34:16 AM
Recs: 0

There are lots of people that went back to work in the USA that work for the parts companies used in GM cars. I bought a Ford!

Member Avatar ortho1g (< 20) Submitted: 8/11/2012 12:14:58 AM
Recs: 0

can you short a company destined for doom with oduma proping it up

Member Avatar ortho1g (< 20) Submitted: 8/11/2012 12:19:41 AM
Recs: 0

41 percent decline in earnings, 50 percent sales to government, still havent corrected pension, run by unions, nobody wants the stupid ass volt, sounds like a short to me but oduma will prop it up as long as hes around

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