I have already done so.
You can argue it's at least fully valued and deserves even more than 18% discount to Ford since Ford doesn't have pending gigantic liabilities from murdering people.
Stock looks expensive to me on enterprise value to EBITDA basis even without taking into account the terrible legal problems they have from murdering people.
For all eternity. They want this "company" to get away with murder so they can make a few pennies off their stock. SAD!
Agreed, robert yen is just a penny ante GM shareholder relieved they have gotten by with murder so far.
you just might be the very sickest poster in the entire yahoo universe. Impressive.
Right now the market is not taking into account any of their liabilities which will run into many billions of dollars. Insurance is not going to pay the bill there because the company committed fraud which voids the insurance. I could see this being worth maybe $28 but $38 is a total joke.
What you are missing is that President Obama has ordered that the stock be illegally supported at these levels so he doesn't look like a fool for bailing out a criminal enterprise.
I wish you luck. I took a small loss on my short. While I truly loathe this company and believe it's one of the most evil of all time, the stock market is red hot and it's hard to see a catalyst for a drop now that GM's murderous ways have been endorsed by the authorities.
Nope, they didn't deserve to die no matter what you think they should know about cars. Fact is GM didn't comply with industry standards and as a result, people are dead. GM is a criminal organization.
I hope we're both here for years to compare notes! I have to tell you I would be so, so shocked to see 1200. My god it would be like the Intifada. You're saying this happens by 2019?
Don't try to understand it, this company is pure evil and personality_less is one sick sociopath. How could you ever feel good working for a bunch of murderers and then crying about your profit sharing when your crimes have ruined the lives of countless people.
It's gonna get you fella. Worrying about your piddling profit sharing when your "company" murdered people and ruined lives. You sick, sick nutjob.
I think Harry Dent would join you! Is he still calling for Dow 4000? Maybe he meant 40000! What a market, what a rally, what a bubble.
Football is hopefully on the rise there. Time will tell.
I do not see any chance of 1200s short of a nuclear war, and even then I'm not sure. This is one ferocious bull market. Tops have been called repeatedly from 1250 on up, now 2000 will happen this week and after that we really could be off to the races.
Other thread was getting crowded. Are you willing to bet me on whether S&P hits 1200s before 2019? Say, 5 years from today? If so how much money are you willing to bet? Thanks.
PS give Tom Crean a good whack in the sack if you get the chance.
That's a "killer" post girlfriend.
You willing to bet on that? What time frame? How about I bet we don't see 1200's by 2019, would you take the other side, and if so for how much money?