Margins are healthy, operating cash flow is at $11.27 billion, and analysts love the stock. In addition to that, the Trailing P/E is 11.21, and the Forward P/E is 7.58. For some reason, the short position is relatively high at 6.70 percent. Those shorts are playing a dangerous game. It’s definitely possible that the stock will retreat, but there are much better short opportunities out there.
On a more specific basis for sales, the Chevrolet Volt was up 72 percent, the Chevrolet Cruze was up 27 percent, the GMC Sierra was up 13 percent, and the Chevrolet Silverado was up 6 percent. It’s also important to note that General Motors delivered more than one million vehicles that passed the 30-miles-per gallon test in 2012.