Is missing its more popular companion story Why GM Shares Will Not Double.
Sure they'll "double".
Just like the old GM permabulls used to say all the time:
"GM's going to $40."
"GM's going to $100."
Yeah yeah yeah. Lots of strong analysis there.
Sentiment: Strong Sell
Just read it on the internet. Did you know that GM makes a profit of between $5,000 and $8,000 per vehicle?
(((Just read it on the internet. Did you know that GM makes a profit of between $5,000 and $8,000 per vehicle?)))
More on some, less on others. More on trucks, less on compacts.
And their dealer lots are PACKED with trucks. That money has already been made.
Imagine that---making a profit & stiffing Americans with a BK.