GM SALES UP...... STOCK 33% DOWN - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

TOBY J · 08-04-2011, 12:36 PM

GM stock down over 33% over the past 6 months.

discuss..........

Mr Twisty · 08-04-2011, 12:57 PM

Everything is down... Ford is down about the same.

TOBY J · 08-04-2011, 06:56 PM

All you guys jumping in below $26????

the current price is $7 per share lower than the original ipo on GM

8cd03gro · 08-04-2011, 07:10 PM

The IPO was way too high and investors are anticipating dilution of the float from the Fed selling it's holdings. To anyone with experience in the market, it didn't look like a good buy from the get go at $33. On top of that, the US economy is in a tizzy and investors are getting weary of keeping their money in stocks, hence gold being $1648/oz. Economists know we're in for a big problem in the near future, no matter how we handle our debt. In the long run, these may be good prices, but it's too far off to tell now and the Fed still has to sell a hell of a lot of shares into the float.

TOBY J · 08-04-2011, 07:42 PM

Quote:

Originally Posted by 8cd03gro

The IPO was way too high and investors are anticipating dilution of the float from the Fed selling it's holdings. To anyone with experience in the market, it didn't look like a good buy from the get go at $33. On top of that, the US economy is in a tizzy and investors are getting weary of keeping their money in stocks, hence gold being $1648/oz. Economists know we're in for a big problem in the near future, no matter how we handle our debt. In the long run, these may be good prices, but it's too far off to tell now and the Fed still has to sell a hell of a lot of shares into the float.

AGREE 100% and I posted this when the IPO came out on GM and got flamed by guys buying it.

You wanna make $$$$ over the next 12 months buy FORD at $10.50 ......... very undervalued

Mr Twisty · 08-04-2011, 11:29 PM

Quote:

Originally Posted by TOBY J

AGREE 100% and I posted this when the IPO came out on GM and got flamed by guys buying it.

You wanna make $$$$ over the next 12 months buy FORD at $10.50 ......... very undervalued

You said the same thing when F was ~$15.

Everyone is taking a hit right now... even the etrade baby

truth411 · 08-06-2011, 03:47 AM

Quote:

Originally Posted by TOBY J

AGREE 100% and I posted this when the IPO came out on GM and got flamed by guys buying it.

You wanna make $$$$ over the next 12 months buy FORD at $10.50 ......... very undervalued

And I'm one of the people who agreed rightfully so with guys like that. As I said before anybody trying to make a quick buck and don't in 6 months and call it a failure is being dumb. When you invest your supposed to do it long term. Long term gm is in a very good position, everybody knew the short term was a bit iffy, but that's not what's really important. 2014 is shapeing up to be Gm's year from a product stand point imo which should lead to even greater profitability since the new trucks will be out and gm product line will be solid across the board. Also you conveniently ignored the Every body is down right now, stop being selective.

TOBY J · 08-06-2011, 11:40 AM

Ignored??

The FACT is it's(GM) down more than most DESPITE showing very good numbers. 33% is quite a dip in the investment world in a 6 month span.

truth411 · 08-06-2011, 12:23 PM

Quote:

Originally Posted by TOBY J

Ignored??

The FACT is it's(GM) down more than most DESPITE showing very good numbers. 33% is quite a dip in the investment world in a 6 month span.

the same with ford, thus being selective. If you read the CBO reports the economy is expected to be back in full swing 2014/2015, thus leading to everyone doing better generally speaking.

TOBY J · 08-06-2011, 12:35 PM

Reading and comprehension is selective! GM earning numbers have been better (Than F) and just about every other car manufacturer yet the stock is in a nose dive. I'm actually thinking about buying in at the $25 level. I bought F all the way from $4 to $14 and long term it's a winner despite it's current level.

P.S. not a fan of CBO reports as they tend to be off target many times

I certainly wouldn't invest $ by what they have to say or report.

truth411 · 08-06-2011, 12:37 PM

Quote:

Originally Posted by MisterCamaro69

Everything is down... Ford is down about the same.

yup, but these choose not to see why. The reason GM is down is the exact same reason ford is down, not different. In any case, investing long term is what matters. long term gm is in a very good position as long as they don't do anything stupid. Ford will be ok if they can breath life back in to lincoln.

FenwickHockey65 · 08-06-2011, 01:07 PM

Funny how the only time some people rear their ugly heads is when they have bad news to talk about...

TOBY J · 08-06-2011, 01:31 PM

Quote:

Originally Posted by FenwickHockey65

Funny how the only time some people rear their ugly heads is when they have bad news to talk about...

...... you really need to brush up on reading skills cuz!!!
i stated that despite solid earnings it seems strange GM stock is tanking at the level it is even in this down market.

Funny.... no matter what the GM status is(right or wrong) you're always there to try and paint a pretty picture

#1

FenwickHockey65 · 08-06-2011, 01:36 PM

My reading skills are fine. Your grammar and punctuation skills, on the other hand, leave much to be desired.

08-04-2011, 12:57 PM	#2
Mr Twisty Drives: the 2nd amendment home Join Date: May 2008 Location: OK Posts: 14,763	Everything is down... Ford is down about the same. __________________ "They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." -- Benjamin Franklin lib·er·ty /ˈlibərdē/ noun 1. the state of being free within society from oppressive restrictions imposed by authority on one's way of life, behavior, or political views

08-06-2011, 12:35 PM	#10
TOBY J Drives: BLOWN CAMARO SS PORSCHE PANNY TURBO Join Date: Jan 2010 Location: USA Posts: 262	Reading and comprehension is selective! GM earning numbers have been better (Than F) and just about every other car manufacturer yet the stock is in a nose dive. I'm actually thinking about buying in at the $25 level. I bought F all the way from $4 to $14 and long term it's a winner despite it's current level. P.S. not a fan of CBO reports as they tend to be off target many times I certainly wouldn't invest $ by what they have to say or report. Last edited by TOBY J; 08-06-2011 at 12:46 PM.

08-06-2011, 01:07 PM	#12
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2023 Expedition Join Date: Aug 2008 Location: Florida Posts: 37,375 View My Garage	Funny how the only time some people rear their ugly heads is when they have bad news to talk about... __________________ 2023 GMC Canyon Elevation 2023 Ford Expedition SSV (State-Issued)

08-06-2011, 01:36 PM	#14
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2023 Expedition Join Date: Aug 2008 Location: Florida Posts: 37,375 View My Garage	My reading skills are fine. Your grammar and punctuation skills, on the other hand, leave much to be desired. __________________ 2023 GMC Canyon Elevation 2023 Ford Expedition SSV (State-Issued)

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08-04-2011, 12:36 PM	#1
TOBY J Drives: BLOWN CAMARO SS PORSCHE PANNY TURBO Join Date: Jan 2010 Location: USA Posts: 262	GM SALES UP...... STOCK 33% DOWN GM stock down over 33% over the past 6 months. discuss..........

08-04-2011, 06:56 PM	#3
TOBY J Drives: BLOWN CAMARO SS PORSCHE PANNY TURBO Join Date: Jan 2010 Location: USA Posts: 262	All you guys jumping in below $26???? the current price is $7 per share lower than the original ipo on GM

08-04-2011, 07:10 PM	#4
8cd03gro Drives: 2005 STi corn fed Join Date: Jul 2008 Location: Colorado Posts: 2,997	The IPO was way too high and investors are anticipating dilution of the float from the Fed selling it's holdings. To anyone with experience in the market, it didn't look like a good buy from the get go at $33. On top of that, the US economy is in a tizzy and investors are getting weary of keeping their money in stocks, hence gold being $1648/oz. Economists know we're in for a big problem in the near future, no matter how we handle our debt. In the long run, these may be good prices, but it's too far off to tell now and the Fed still has to sell a hell of a lot of shares into the float.

08-06-2011, 11:40 AM	#8
TOBY J Drives: BLOWN CAMARO SS PORSCHE PANNY TURBO Join Date: Jan 2010 Location: USA Posts: 262	Ignored?? The FACT is it's(GM) down more than most DESPITE showing very good numbers. 33% is quite a dip in the investment world in a 6 month span.