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General Motors Company Message Board

  • balak_joshi balak_joshi Nov 10, 2011 6:48 AM Flag

    GM is a $40 stock

    This new GM is 40-50 dollar stock next year. it is ludicrous how cheap sometimes stocks get to be

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    • I'm honored that you are taking such an interest in my life....

      But I am married.

    • "I multitask"

      That is a myth that you have bought into. You really should challenge assumptions more. It has been proven that humans do NOT multitask. They simply switch between tasks.

    • "This is where you are living in fantasy land. Provide the scenario that would put GM shares at 5 to 10 dollars? "
      =====================
      I CAN'T.
      But don't go by my predictions. I couldn't provide you a scenario that would put the old GM shares at $5 to $10 either.

      Next thing you know it went to $0.05 to $0.10.

      John, you keep talking about Global market growing. We all know that. However it is NOT just growing for GM. It is growing for others as well.

      GM is not all alone in this growth, nor is it immune to any new comers.

      We KNOW they failed miserably the last time competing against them, when the market was more manageable and they had a 100 year head start on many others.
      Whatever makes you think it will be easier in the future, you are free to keep believing that.

      No one thought GM could go bankrupt before either. I know I didn't and I was in the middle of it selling them. Not exactly an insider but certainly I was someone with far more exposure to GM than your average investor.

      I was right once, let's hope I am down to batting 500 instead of 1000. I like that outcome better for GM and my country.

    • <<<<The new GM is/has aggressively attacked price structure and debt. Just look at how they are handling the unfunded pensions alone. No divys til it's paid and , oh by the way, that whole thing is looking better by the quarter. Their cost structure is so much better. The new GM is profitable in US at vehicle sales as anemic as 10.5 m units sold per year. So exactly what does that very important piece of data mean? If the new GM were in place, how many of the last 46 years (back to 1965, my entire life) would the New GM would have not been profitable?>>>>



      OK John you made your point. Maybe this CEO is the guy they've needed for the past 35 years.

      Maybe GM WILL make the smart choices that don't sound great in sound bytes but that make the underlying structure stronger.

      Perhaps Web is guilty of committing the Buttercup Fallacy.


      Buttercup: "We'll never survive."
      Westley: "Nonsense. You're only saying that because no one ever has."


      Remember, I originally CAME to this website intending to buy GM stock; then I did my DD and realized it was a p.o.s. That's when I became a virtual warning triangle trying to keep folks from tragedy. Of course, some, like jeyedolt, always like to pee on the electric fence for themselves.

      -web

    • I am in the middle of a build...my latest design is complete...I am babysitting parts...I have an iPad...I'm efficient....I multitask...I get more done by 9:00 am than most do in a week....it's called being an "A" type personality...

      If that is really your concern or business.

    • "The answer...a butt load"

      John,

      Are you sure you are engineering transmissions? You don't seem very busy lately. From an engineering perspective, exactly how many is a butt-load?

    • <<< When GM gets distressed again and shares are trading at $5-$10 and they need another bailout, they may very well reach out and help GM once and for all. >>>

      This is where you are living in fantasy land. Provide the scenario that would put GM shares at 5 to 10 dollars? The new GM is/has aggressively attacked price structure and debt. Just look at how they are handling the unfunded pensions alone. No divys til it's paid and , oh by the way, that whole thing is looking better by the quarter. Their cost structure is so much better. The new GM is profitable in US at vehicle sales as anemic as 10.5 m units sold per year. So exactly what does that very important piece of data mean? If the new GM were in place, how many of the last 46 years (back to 1965, my entire life) would the New GM would have not been profitable?

      See below...

      WARD'S
      ©Copyright 2011, Ward's Automotive Group, a division of Penton Media Inc.  Redistribution prohibited.
      WardsAuto.com has more detailed U.S. Sales data as well as other automotive data sets
      Subscribers click here: WardsAuto.com/Reference Center
      Non subscribers contact Lisa Williamson (248)799-2642 or email lwilliamson@wardsauto.com
      U.S. Vehicle Sales, 1931-2010
      Year Cars Trucks Total
      2010 5,635,433 6,136,787 11,772,220
      2009 5,400,890 5,200,478 10,601,368
      2008 6,769,107 6,724,058 13,493,165
      2007 7,562,334 8,897,981 16,460,315
      2006 7,761,592 9,287,389 17,048,981
      2005 7,659,983 9,784,346 17,444,329
      2004 7,482,555 9,816,018 17,298,573
      2003 7,555,551 9,411,891 16,967,442
      2002 8,042,255 9,096,397 17,138,652
      2001 8,352,000 9,120,378 17,472,378
      2000 8,777,723 9,033,950 17,811,673
      1999 8,637,708 8,777,020 17,414,728
      1998 8,084,989 7,882,298 15,967,287
      1997 8,217,480 7,280,380 15,497,860
      1996 8,478,545 6,977,567 15,456,112
      1995 8,620,159 6,496,166 15,116,325
      1994 8,990,517 6,420,857 15,411,374
      1993 8,517,859 5,680,995 14,198,854
      1992 8,213,113 4,904,331 13,117,444
      1991 8,184,979 4,364,544 12,549,523
      1990 9,303,215 4,846,163 14,149,378
      1989 9,778,517 5,066,744 14,845,261
      1988 10,546,808 5,244,736 15,791,544
      1987 10,191,877 5,001,069 15,192,946
      1986 11,404,239 4,918,782 16,323,021
      1985 10,979,187 4,746,104 15,725,291
      1984 10,323,695 4,159,446 14,483,141
      1983 9,148,038 3,163,478 12,311,516
      1982 7,956,460 2,581,902 10,538,362
      1981 8,489,202 2,288,778 10,777,980
      1980 8,949,235 2,494,378 11,443,613
      1979 10,673,000 3,480,000 14,153,000
      1978 11,314,000 4,109,000 15,423,000
      1977 11,183,000 3,675,000 14,859,000
      1976 10,110,000 3,181,000 13,291,000
      1975 8,624,000 2,478,000 11,103,000
      1974 8,853,000 2,688,000 11,541,000
      1973 11,424,000 3,148,000 14,572,000
      1972 10,940,000 2,629,000 13,569,000
      1971 10,242,000 2,096,000 12,338,000
      1970 8,400,000 1,811,000 10,211,000
      1969 9,582,000 1,970,000 11,552,000
      1968 9,656,000 1,831,000 11,487,000
      1967 8,337,000 1,545,000 9,882,000
      1966 9,028,000 1,636,000 10,664,000
      1965 9,332,000 1,553,000 10,885,000

      Hmmmmm....only 1970 and 1967, 41 and 44 YEARS AGO!!! You can argue a break even in 1981 and 1982...the point is this company is not going BK, will be profitable year over year, and will never see a pps of 5 to 10.

      40 is cheap

      Btw....this is just the US...doesn't take into account Global sales nor does it adjust or population growth in us. We have a larger market now than in 1970 and yet, the new GM would have only suffered a slight loss in 1970. How much dough would the new GM pull in in years like 2000-2007 (recent history).

      The answer...a butt load...those numbers will return

    • This new GM is 40-50 dollar stock next year.
      -----------------------------

      Let's keep this valuable info private while we accumulate positions in
      this gem. Don't let the news out early!

    • you mean 40 or 50 cents like it was when they went broke

    • Type message:"Mike, have you looked at the U.S.A.'s balance sheet and income statement in the last 15 years? Try to figure out OUR unfunded pension liabilities.
      "
      ========================
      Dad,
      I suppose a case could be made for US being in the same situation as The Old GM was in its last few years. Bankrupt, but yet have not filed yet.

      I should have been clearer. US is still around and kicking, and it wasn't GM that brought us to our knees.

      The days of As goes GM so goes the country is old and not applicable any longer.

      Ye, one day China will own GM and maybe a lot more than that.

      They are not a consumer nation as much as a producing nation. They won't be happy until everyone is buying all their goods from them.

      We are well on our way to swapping places with them.

      We will send them raw materials, coal, oil, corn, wheat scrap iron...they will send us finished goods.

      How did we get here!
      Darn that Republican Nixon and his Ping Pong Diplomacy.

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