Sat, Dec 27, 2014, 1:54 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

General Motors Company Message Board

  • personality_less personality_less Nov 13, 2013 4:05 PM Flag

    Oh whatever will we do. GM just closed up 5%

    rdh? What say you? The government(s) still own shares. How can this happen? Did subprime loans cause this?

    LOL!!!!

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • (((Did subprime loans cause this?)))

      No. Morons caused this. They buy into every government peddled headline.

      /rd

    • Will rdh-web admit he has been wrong about GM stock?
      Once the government completely exits, GM will be free from government pay restrictions and will again be able to pay a dividend on its common stock.

      Sterne Agee auto analyst Michael Ward said in a report that “we believe the exit will be complete by year-end, which, in our view, is a positive catalyst for the stock.”

      • 2 Replies to jeyebolt2003
      • ((((Will rdh-web admit he has been wrong about GM stock? Once the government completely exits, GM will be free from government pay restrictions and will again be able to pay a dividend on its common stock.))))

        If GM has any intentions of paying a dividend, they do not indicate this in their 10Q. Quite the contrary jeyedolt. May I direct your amazingly short attention span to your GM 3Q13 10Q, Liquidity Overview, page 48, which says:

        "....we expect to have substantial cash requirements going forward which we plan to fund through total available liquidity and cash flows generated from operations. Our known material future uses of cash which may vary from time to time based on market conditions and other factors include, among other possible demands: (1) reinvestment in our business through capital expenditures of approximately $8 billion annually as well as engineering and product development activities; (2) acquiring Ally Financial international operations, as subsequently discussed, for approximately $0.9 billion; (3) payments to service debt and other long-term obligations; and (4) payments relating to our Series A Preferred Stock dividends and to purchase the remaining outstanding shares of Series A Preferred Stock with a liquidation amount of $3.9 billion once the shares become redeemable on or after December 31, 2014. "

        Sorry suckas, N O D I V V I E F O R Y O U!
        /rd

        PS: They have now acquired Ally Financial in case you were wondering about that

      • jeye, the British pound is up against the dollar. Does this mean my new Rolls will cost more or less?

 
GM
33.73+0.300(+0.90%)Dec 26 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Virgin America Inc.
NASDAQFri, Dec 26, 2014 4:00 PM EST
Rice Energy Inc.
NYSEFri, Dec 26, 2014 4:02 PM EST
Southwestern Energy Co.
NYSEFri, Dec 26, 2014 4:02 PM EST