"I think it may be time to heap PM on that wretched pile of sub-humanity that includes qqq, deliouspoke, wegbox, etc."
I was just thinking the same thing. Don't want to debate? Why then, are you here? Just amazing.
"answer: most definitely yes!
why? because i don’t know anyone who would consider a gm product!"
PM, if anybody had any lingering doubt that you are not who you claim to be, this post will certainly clear that up.
Your response to Justum's data based argument is "yeah, well I dunno nobody that'll buy no GM car"? Really? Oh, and a couple of meaningless, stupid anecdotes about one of your equally stupid relatives and a stupid neighbor?
If I didn't know better, I would think you were joking.
Well, this was entertaining! I've been incommunicado for a few days, so it was nice to have one decent set of posts to read today.
You've done such a thorough job of smacking PM silly, that I really can't come up with anything to add, but I do have to challenge you on something. In reply to Wngr you wrote: "I thought maybe PM would come up with a variation of those, but, I over estimated him."
Now, since it has already been proven well beyond any reasonable doubt that PM is an idiot, a moron, a bonehead and a fraud, I must conclude that, somehow, PM has failed to reach even these low standards. That being the case, how would you describe him now?
How come M Esters(?) and Rapists get capitalized while dealers, robbers and killers are lower case? What makes M Esters and Rapists so darn special?
"thankyou for confirming my observation that gm management is relying on old tricks."
OK. I'll play.
You didn't answer my question. Let's pretend you're correct and trucks are "old tricks." What would you have them do? Design & build Jetsons cars? What? Be specific, Mr. Consultant.
"tax payers got screwed. you were one of them yet you clearly favor bending over and taking it as opposed to voicing your objection."
Wrong again! (what a surprise) I absolutely objected. I thought it was unwise for the government to convert all the debt to equity, and, once they did, I objected to them selling all the stock too soon. I believe they converted the loans to equity prior to the IPO so as to maintain control of the company for political reasons. At any rate, any complaints are best directed to the Obama administration, not GM.
"they did it by using the pre-bankruptcy "truck formula" through bankruptcy the tax payers cleaned up the financials. how hard is it for gm to say "improve our earnings and margins" when the financials were cleaned up by tax payers and capital pumped in through ipo?"
It's hard to believe that anyone with a brain that functions well enough to keep his heart beating could be as stupid as you, and yet, here you are. What would you have GM do? Abandon the truck market? Americans love trucks! Trucks are more than half the market! Oh, and they are hugely profitable! Toyota, Honda, et. al., would kill for the GM, Ford, or even Chrysler truck business.
" they couldn't even pay the original value of the government loan back!"
How many more times will this have to be explained to you before you understand? THE GOVERNMENT CONVERTED THE BALANCE OF THE LOANS TO EQUITY! Had they wanted to be repaid out of future profits, they could have arranged it. They owned the company!
Try to think, just a little bit.
As we all know, and Justum definitively proved, Mallen is a liar. Just two days ago, he posted this:
"Welcome to the $20's
Once you join this club....you'll be here for a while. Make yourselves comfortable.
NO, I am NOT shorting GM."
Do you think there's a chance that he was lying again and DID short GM? One can only hope!
Shocked that posters like "delicious poke" and "outhouse" could be so wrong. It's almost as if they are absolutely clueless buffoons without even the slightest idea at all as to what was likely to happen, and yet, made bold predictions of doom anyway.
If we can't trust this board for reliable, unbiased, accurate information, where can we turn?
Look! This Moe is a poet!
But, perhaps he don't know it.
Maybe, the form that we see,
Is just, a stuck enter key!
"i live for these responses!"
He's not kidding, th, he really does. He knows he's incapable of getting positive responses, so he cherishes the negative. For him, it's better than nothing.
PM, you need to install a filter between your pea brain and your keyboard. Just because you have these inane, pointless thoughts doesn't mean you should share them.
I have to say, I'm more than a little uncomfortable reading these exchanges between Jeye and Wngr. I've never engaged Jeye on this kind of thing as it feels a bit like shooting fish in a barrel.
He bought it for more than that. $23.48 is the price he "backed up the truck" and bought even more.
But, he is a true believer. Even though he's been getting slaughtered for years, he's still right!
You're such a funny guy.
You absolutely define the term "pumper" when it comes to your promotion of gold.
"My gold miners will probably stay in business. Will GM?"
I gotta tell ya, at this point, I'll take GM. How long will your beloved gold miners continue to mine gold when the cost of mining exceeds the selling price? GM stock has done less than nothing since the IPO, but compared to Goldcorp, it's been a FAR better investment!
BTW, if you're including me among the "butthurt", you're wrong. I haven't owned any GM stock since March of 2014.
Your capacity for self delusion is really something to behold. Your favorite miner, Goldcorp, has lost two thirds of its value in less than two years. TWO THIRDS! What was the price at which you "backed up the truck"? You've gotten absolutely killed. Yet, you remain a steadfast, true believer.
How do you feel about beanstalk beans?