Wall Street Bullish on General Motors Stock - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Mr Twisty · 12-29-2010, 11:27 AM

Wall Street Bullish on General Motors Stock
Tuesday 12/28/2010 11:00 AM ET - Marketnewsvideo.com

Quote:

This morning, General Motors (GM) saw a number of firms initiating coverage, all with positive ratings. Morgan Stanley issued an overweight rating and a $50 price target stating that the balance sheet will continue to improve. Citigroup rated the stock a buy with a $45 price target as the firm feels the product line remains undervalued. And Barclays gave General Motors an overweight ratings and a $42 price target citing a strong presence in the emerging markets.

On the news, GM shares were heading higher on Tuesday morning, gaining a little more than 2% so far today.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201012GM122810&mv=1

Russell James · 12-29-2010, 01:01 PM

Most on Wall Street have very short memories.

If Billy borrowed a dollar from me, and never gave it back. Billy never gets another dollar from me.

Brokinarrow · 12-29-2010, 02:23 PM

Quote:

Originally Posted by Russell James

Most on Wall Street have very short memories.

If Billy borrowed a dollar from me, and never gave it back. Billy never gets another dollar from me.

What if you forced Billy to take that dollar because you didn't think he was doing well enough at school? And then you changed out Billy's parents because they weren't raising him with what you thought of as good values? And in spite of all that, Billy comes out with something awesome (which was already in the works before people started messing with him, btw)...

Entaille · 12-29-2010, 03:15 PM

what did gm initially reopen at?

FenwickHockey65 · 12-29-2010, 03:47 PM

Quote:

Originally Posted by Entaille

what did gm initially reopen at?

$33/share.

Which means I've made a nice amount on my 50 shares.

Brokinarrow · 12-29-2010, 04:02 PM

Quote:

Originally Posted by FenwickHockey65

$33/share.

Which means I've made a nice amount on my 50 shares.

/sigh, knew I shoulda bought a few shares.

Mr Twisty · 12-29-2010, 04:43 PM

Quote:

Originally Posted by Russell James

Most on Wall Street have very short memories.

If Billy borrowed a dollar from me, and never gave it back. Billy never gets another dollar from me.

Now that Billy lost all that weight he's doing pretty well by me, so, hey

... my porterhouse steak is here, we'll finish this chat later

a_Username · 12-29-2010, 07:49 PM

Hmm... only one sorta metaphor and no blunt bailout remarks. Thread's doing good so far.

TOBY J · 12-29-2010, 09:32 PM

FORD is a steal at $16 if you wanna make $ over the next 18 months.

FenwickHockey65 · 12-29-2010, 09:35 PM

No, Ford was a steal at $2/share.

TOBY J · 12-29-2010, 11:27 PM

Still a great buy at $16. I bought at $4 and again at $8

still very undervalued. Look again at 12-18 months in 2012 and see where it is.

Stingr69 · 12-30-2010, 11:23 AM

There are a lot of undervalued securities out there. Now you just have to pick which ones they are.

I am glad that some investment bank is convinced the collective wisdom of the investing world is wrong about the price of GM where it is now but I have my eggs in other baskets. Hope you longs enjoy your purchase!

-Mark.

a_Username · 01-01-2011, 02:54 AM

Quote:

Originally Posted by Stingr69

There are a lot of undervalued securities out there. Now you just have to pick which ones they are.

I am glad that some investment bank is convinced the collective wisdom of the investing world is wrong about the price of GM where it is now but I have my eggs in other baskets. Hope you longs enjoy your purchase!

-Mark.

Mr Twisty · 01-06-2011, 12:51 PM

Up 12% last 4 days... it's a good week

12-29-2010, 03:15 PM	#4
Entaille Drives: 2018 Camaro 2SS Join Date: Aug 2010 Location: Lake Stevens Posts: 1,005	what did gm initially reopen at? __________________

12-29-2010, 09:35 PM	#10
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008 Location: Florida Posts: 37,371 View My Garage	No, Ford was a steal at $2/share. __________________ 2023 GMC Canyon Elevation 2020 Chevrolet Colorado W/T Extended Cab (State-issued)

01-06-2011, 12:51 PM	#14
Mr Twisty Drives: the 2nd amendment home Join Date: May 2008 Location: OK Posts: 14,707	Up 12% last 4 days... it's a good week __________________ "They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." -- Benjamin Franklin

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12-29-2010, 01:01 PM	#2
Russell James Drives: '15 SS 1LE, '69 Z28 drag car Join Date: Dec 2009 Location: Mich Posts: 4,482	Most on Wall Street have very short memories. If Billy borrowed a dollar from me, and never gave it back. Billy never gets another dollar from me.

12-29-2010, 07:49 PM	#8
a_Username Drives: 2010 2SS Camaro Join Date: Jul 2009 Location: Murfreesboro, TN Posts: 3,890 View My Garage	Hmm... only one sorta metaphor and no blunt bailout remarks. Thread's doing good so far.

12-29-2010, 09:32 PM	#9
TOBY J Drives: BLOWN CAMARO SS PORSCHE PANNY TURBO Join Date: Jan 2010 Location: USA Posts: 262	FORD is a steal at $16 if you wanna make $ over the next 18 months.

12-29-2010, 11:27 PM	#11
TOBY J Drives: BLOWN CAMARO SS PORSCHE PANNY TURBO Join Date: Jan 2010 Location: USA Posts: 262	Still a great buy at $16. I bought at $4 and again at $8 still very undervalued. Look again at 12-18 months in 2012 and see where it is.

12-30-2010, 11:23 AM	#12
Stingr69 '69 Owned Since '79 Drives: '69 Z/28 LeMans Blue w/White Join Date: Oct 2008 Location: LR AR Posts: 1,847 View My Garage	There are a lot of undervalued securities out there. Now you just have to pick which ones they are. I am glad that some investment bank is convinced the collective wisdom of the investing world is wrong about the price of GM where it is now but I have my eggs in other baskets. Hope you longs enjoy your purchase! -Mark.