Oh man - oil is NOT at $200/bbl. Closed yesterday at $39.39 (which is awesome BTW).
Oh man - gold is NOT at $2200/oz. Closed yesterday at $1076 and GG recently touched down $11.30 - a 52W low.
"So you'd say they deserve a triple A bond credit rating, persie?"
It's about more than bond ratings there webby...
You CAN'T discount the success they've had since emerging and getting financially much, much stronger. With great products, great sales #s, etc.
You can't knock them down webby - no matter what you say.
now that VW has admitted to even MORE vehicles yesterday(80,000 in the US) have the software. It's like 11 MILLION vehicles worldwide now.
That, on top of the announcement that they've curb spending by $1 BILLION next year, and you will see a company mightily struggle for the next several years. The news will continue to get ugly for them, that's for sure...
"GM the stock that has gone nowhere for six long years! While the djia went up ,10,000 points. GM IS A REAL DUD!"
LOL!! What a moron you are. How come you didn't take advantage of the 25% gain over the last 6 weeks or so? If you're such a market timing sage for when to short, then you should be equally good on the other side of that, right?
Come on - pray tell...
aw, dang it jeye,
I wanted webby to find this himself...
"I will mock you to no end for this later, but I have stuff to do."
You'll TRY, but you'll not be successful.
GM IS extremely healty and will remain so.
"(((the UAW labor costs as a result of the new contract are actually GOING DOWN a bit)))
Yes, really. Why don't you READ a bit. It's a fairly recent article. Even YOU should be able to find it.
"you mean there is a room full of people like you"
Yep - and all of us know that you're a perfect_moron and can hardly wait to here your point, which you have COMPLETELY failed to do because, you've probably realized, you HAVE NO POINT. You, yourself, don't really even know what you meant.
"study my response for a while."
There's no need to study it. I THINK I know where you might have been going. I was just asking you to clarify it and be very explicit about it. That way we can remove any doubt how dumb you are.
I can't disagree with your point, however, I just can hardly help myself pointing out when others are so STUPID or so completely WRONG...
"funny, i was replying to another one of your many caustic comments and somehow that response showed up here.
could you please find your post and add my reply..."
AGAIN, what the eff are you talking about. I know what I posted (which was not a caustic comment) and you replied, even though I was addressing other basher-boneheads, with SOME kind of point. I don't have my perfect_moron decoder ring handy.
So, for your benefit, here's your snarky comment:
"yah, all good if you exclude the consumer..."
This was a response to MY post where I simply pointed out some facts and then said, "it's all good".
Please, just cut the baloney, and explain what point you were trying to make.
"yah, all good if you exclude the consumer"
What the eff are you talking about?!?!
Please explain so then we can soundly criticize what is likely a STUPID point that you're trying to make.
It's a delicate balance - the dividend yield and share price improvement to reward the shareholder. That's why the BOD has the perogative to adjust the dividend to stay competitve with yield and the general market performance.
"This is what brought down GM before and the pattern is repeating."
You are fairly new to this board and I suspect that you just don't know much about a) the autotomotive industry and b) General Motors. I suspect too that you resent that GM got federal help but are just too blind to see it's been wildly successful - both at GM and FCAU. Don't EVEN play the "Ford didn't need a bailout" card because you probably don't know WHY that was the case.
GM is extremely healthy and will remain so. There has been such significant change at GM and you likely have no clue as to WHY GM is extremely healthy. GM had previously announced that it can be profitable in a market of 10M units a year here in the US. They just announced, within the last several days (I think at the LA Autoshow) that GM is going to be able to be profitable at the 8.5M sales level here in the US.
OK - all that aside, you definitely have a polical agenda too. Before you consider constructing a snippety response, I don't like ANYTHING about our current moron in the Whitehouse and never did. I agree with your point of wasted taxpayer dollars on the STUPID Obamacare and it's affect on the healthcare and insurance industry (there are SO many reasons is stinks). If you think the taxpayers got railed by the auto bailouts - think again, please. GM and I think all the others that got help paid back LOANS 100%. Facts are facts. The stake/ownership that the Treasury had, and CHOSE to sell prematurely IMO, is where any taxpayer loss occurred. While early oversight was required, to make sure that the federal help was going to be successful, the % of shares owned by the fed might have been overbearing and actually caused GM's recovery to be slower. I'll suggest that the Fed opted out, at a taxpayer loss, to get the heck out of the way and let GM's leadership put it's full weight behind accelerating all the necessary changes. And it worked, quite brilliantly.
So, what say you?
Just one more point for the MORON qqq - Ford/UAW also has a ratified contract now.
So - there you have it.
No strike at FCAU.
No strike at GM.
No strike at Ford.
As a result of the contract, labor costs are going to go DOWN for GM on a cost/vehicle basis (direct labor costs). Profit sharing rules the roost (like I expected) in terms of any success that the company has or does not have when the cycles are down.
You could not have been more wrong about this stuff. It's comical. It's laughable.
It's because you're dumb as a box of rocks.
the contract with the UAW is ratified. No strike. I can't quite remember WHO the MORON was that said that the UAW was going to strike against GM.
ALSO, just for the bonehead webby, the UAW labor costs as a result of the new contract are actually GOING DOWN a bit and will be below F.. Ford's are going up about $200 per vehicle and FCAU's are going up considerably more.
As I've said before, it's all good...
"did you read the article yesterday about the guy that got stuck on etrade with a $106k bill overnight when the stock he was shorting (on margin) took off overnight ? "ah...honey, there is something I need to tell you....""
I think her name was qqq...
You and this other ID can also eff yourself. You are a coward - of that I am sure...
Why don't you just stick with one ID you freakin moron"
I have to agree with webby on this one. Over-zealous pumping/posting here is getting quite old there scaley...
"brought some more when GM went above IPO price Now doing it for the fourth time! Made money 3 times in a row! Love taking money away from shareholders with shorts!"
You're showing how stupid you are when you say "brought"...
Further, MORON, you're too stupid to acknowledge that this is a cyclical stock. ANYONE can take the risk, that you SUPPOSEDLY have done, and made $$ on shorts. It's just not that hard which is right up your alley. Others, also knowing that this is a cyclical stock, buy on the dips or DCA their buys and also make money. Shorting, viewed by many as a #$%$ approach, fits you quite well...