by Webby Moolah Mullah
February 27, 2013, 10:09 pm
Los Angeles - Longtime auto industry analyst and GM Yahoo message board member The Moolah Mullah today stated that GM has 'almost an even chance' of not sucking badly in 2013.
"GM has a lot going for it these days, " Mullah explained. "Their old school UAWs are starting to die off and most of their old management team has now been kicked to the curb. They might actually have a chance with newer younger workers and more ethical management.
Yet, despite this keen analysis, Webby/Clown/Mullah continues with his knee-jerk "Strong Sell" rating! How can this be? In addition to the facts above, their costs are down, they have lots of new, improved product coming, their debt is low, their margins are improving and they have 12 straight profitable quarters with no end in sight. As a result, the stock is up more than 40% off the low. Sounds like if Webby/Clown/Mullah actually continued his thought process he'd change his sentiment to "Buy"!
In an attempt to jump start economic growth, Japan's Prime Minister Shinzo
Abe's publicized push for more aggressive monetary policies has sent the Yen
on a sharp fall, decreasing by over 16% versus the dollar since late 2012.
Most recently, Abe nominated Asian Development Bank President Haruhiko
Kuroda as head of the Bank of Japan (BOJ), a move expected to further Abe's
dovish monetary stance.