GM not even close to IPO PRICE OF 34 DOLLARS. TOYOTA WAY OVER A HUNDRED DOLLARS OH WELL GM JUST UNDERWATER FOR WELL OVER 2 YEARS AND NO DIVIDEND AT BoBo motors. 365 days a year for the next 20 years!!!!!!!!!!!!!!!!!!!!!!!!!
The stock mkt is up. It is really a false high. It is propped up by the stymulus money that Obama and the Fed has been pumping in. I wonder how long it can keep up the false front.
Remember there is still about 20 million people unemployed or underemployed. The economy is not as good as the stock market makes it appear. Also remember the tax payers are supporting about 5 million of the 20 million illegals.
RBH13.NYM RBOB Gasoline Mar 13 3.05 11:00AM EST 0.05 (1.76%)
HOH13.NYM Heating Oil Mar 13 3.25 11:00AM EST 0.05 (1.66%)
CLH13.NYM Crude Oil Mar 13 96.37 11:00AM EST 0.54 (0.56%)
Millions of Americans are feeling the bite from the sharp increase in payroll taxes that took effect at the beginning of January. There are growing signs that the broader economy is suffering, too. Chain-store sales have weakened over the course of the month. And two surveys released last week suggested that consumer confidence was eroding, especially among lower-income Americans. While these data points are preliminary - more detailed statistics on retail sales and other trends will not be available until later this month - at street level, the pain from the expiration of a two-percentage-point break in Social Security taxes in 2011 and 2012 is plain to see.
Remember the Market now has the Liberal Media Cheer Leading instead of spreading Doom and Gloom