How would anyone love a loser company/stock like GM, I don't get it? My mistake was I sold 20% of CVS to buy GM when both GM and CVS was about the same price. Now, CVS is almost $80 and GM is still clinging on to its IPO price. I can barely pay the broker fees, tax and time that I lost. Time is money.
Please remain on the board and join my merry band of GM Bashers.
I and my ilk bash GM for many reasons which are individual to each basher.
I primarily dislike their tendency to do what I consider 'lying' and their confirmed tendency to screw investors. Since I see this more clearly than most, I feel an obligation to warn folks away from this accident waiting to happen.
Others hate them for burning up tens of billions in bailout money.
Still others because they were burned in The Great Bondholder Screwjob of 2009.
Yet others because of one or more awful vehicles they have owned .
Some hate their miserable stock performance.
And still others for their knowing concealment of problems that led directly to the deaths of innocent Americans.
GM pumpers hate me. That is to be expected. They will all thumb down this message, to a man.
Pumpers do not like it when I bring up GM's billions in pension liabilities.
They darn sure do not like it when I mention the Canadian government's announced intention to dump its multi-million share position, and SOON.
And they hate it even more when I point out the UAW Med Trust also does not want their 140M shares.
Welcome to the fold. I hope you stick around and taunt these GM Moron Longs awhile.