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General Motors Company Message Board

  • jackjumper234323 jackjumper234323 Aug 27, 2012 8:27 PM Flag

    Just curious but if there are any retail GM investors I would love

    to know the reason you are in this stock as a long. GM seems purely a political play in that you can count on the government intervening again if they continue to be unprofitable therefore you will not lose your investment because the government needs to preserve this propaganda "victory". Americans do not seem to know that companies can actually re-organize and continue in business while doing so and somehow Obama's misrepresentation that all GM jobs would have been "lost" had he not intervened carries the day. Hey if the media dont report it people think its not "news". In my analysis GM has benefited from all that stimulus spending and there are probably 100 federally owned parking garages filled with GM cars that will never be driven. Like that story in New Jersey a few years back. And we complain about the Chinese state owned business while GM is 26.5% owned by the govt and the govt enen selected the CEO. You are all apart of a sick anti-American adventure and on top of it you think Obama did a great thing.

    Sentiment: Strong Sell

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37.56-0.30(-0.79%)Feb 26 4:01 PMEST

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