It's getting to be that time again where shorts will again be paying us our DIVI! In the last mo short interest has increased by 13.5 mil. to almost 56.5 mil. Many of these shorts are sill underwater from putting on their short positions under $28. Time for these shorts to pay up for your shares or again pay us our divi! Today, Morningstar says GM is undervalued and has a $51 PT on the shares.
Mary B stated once they have 18 bil in cash they would return the rest to shareholders - believe a dividend increase and continued share buybacks will bolster shares. They have been buying shares so just a 5% dividend increase could get the price moving. It's a steal at $32.00 a share.
Looks like the chief con artists among you Evangelicals will soon have you pray a bit harder to cleanse your souls from all desires of material things. Don't forget, it's a "movement."
"... Yet despite extreme reductions in spending on health care for the poor, food stamps, education, science and other basic government programs, Trump's staff could only balance the budget by claiming vague savings and unspecified sources of new revenue -- in other words, with trillions of dollars in mystery money. ..."
Analysis | Trump’s ‘balanced’ budget relies on $2,062,000,000,000 in mystery money
Where did that from? And other questions Trump's budget doesn't answer.
GM keeps closing down plants overseas in Russia Europe South Africa Australasia GM will soon go down to 6TH largest company down from number one 8 years ago. Got to love GM slide!
Poor Democrat party in death spiral. They've been losing elections from coast to coast since 2010 and now control nothing. Exploding
GM still underwater 8 years after IPO keep up the good work!
Not A Short
GM highlighted in Value Line Investment Survey this week. I received an news email last Monday (5/15). Ian Gendler in his "On My Radar" lead section has a nice positive mention of the company and some of its positive characteristics. Refreshing (and rare) to see GM mentioned without a litany of negative comments.
Oddly, in the print edition, the analyst (Mario Ferro) does not mention GM among his standouts. He favors Daimler, Honda and Toyota. All three sport much higher multiples than GM (7.4, 9.6 and 9.5 vs 5.3). If GM makes its guidance and were to obtain a multiple of 7 the stock price would be in the mid 40s.
given GM's fundamental, PE 5, $20 billions cash, can easily command a value of $50 / share
Shorts are working hard keeping GM stock price depressed. There was a large trade mid morning. Our Fake media is already bashing Ford's new boss.
GM should benefit, family income is not the highest since 2002, President Trump making America Great again.
If they value Google's self driving company for 70B. GM's 1B purchase of the self driving tech company is a real bargin.
Einhorn is right. GM is way under value. Perhapse, spin off that for 20B so that GM can buy itself more.
Here we go kiddos!!
Can someone explain why this board has so much political commentary? I do not see what liberals or conservatives have to do with this stock.
AZO went dead.. I told you people a while back.. When Americans started to replace with new SUVs and trucks..
AZO is dead zone.
President Donald Trump and President Ivanka Trump went to Saudi Arabia with first lady and first gentleman.
GM had a 56% of all cars sold in North America in 1960! Today GM has a 17% of the market! I guess Pontiac, Oldsmobile Geo Saab Hummer Saturn were cars GM could not make money on. Keep up the job of keep getting smaller. From number one for 70 years to number 6 or 7 ten years later.; No Europe Russia South Africa India or Australia as GM keeps getting smaller as other car companies eat GM shares. Maybe GM needs to make better cars. .
This year looks like Lincoln will outsell Cadillac as GM keeps selling less and less of them. I would buy a Mercedes over a caddy any day of the week over a overprice more expensive Cadillac! GM should think but that is something GM lets other car companies do instead!