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General Motors Company Message Board

  • jeyebolt2003 jeyebolt2003 Mar 8, 2013 6:52 PM Flag

    Warren Buffett and David Einhorn

    Now Caxton with 2.5 Million share. I guess web isn't getting though to these guys
    One of Caxton’s top picks was General Motors (NYSE: GM), with the filing reporting a position of 2.5 million shares. This is more than double what his fund had owned at the end of September. GM made our list of the most popular stocks among hedge funds for the fourth quarter of 2012 (find more stocks hedge funds love), with many value investors arguing that U.S. consumers will have to replace their aging cars soon and that the auto industry will be able to capitalize on that demand. GM currently trades at 9 times trailing earnings, and its revenues ticked up slightly last quarter compared to the fourth quarter of 2011.

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