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General Motors Company Message Board

  • iffydog iffydog Jan 24, 2013 11:30 PM Flag

    Opening price at IPO was $35.00


    At 9.30 on opening day the price of GM stock was at $35.00 dollars. If you owned a hedge fund and could buy half a million shares the day before the price was $33.00 dollars. The bet went sour and for 2 years now all these hedge funds do everything to unload sour GM stock. Lets see Say its a BUY maybe say price target is now 38 maybe say way undervalued. Maybe say the dividend is coming. GM still has over 150,000 unsold 2012 cars and trucks sitting on dealers lots. They even said tonight that you could get up to 14,000 thousand off a new 2012 truck. Oh I am sure it is one of the 4 door tricked out trucks with every gadget on it. ALL DAY LONG EVERY DAY IF THE TRUTH IS WHAT YOU ALL WANT.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    Sentiment: Strong Sell

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