03-30-2011, 02:58 PM | #99 | |||
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I'm also skeptical because GM put alot of eggs in the Volt basket, and it is not selling good at all. And that's even with the Federal Government literally paying people to buy them. FYI, I also predicted that one as well. Quote:
I don't know what you mean by "vehicle chasis stand point", but GM rates behind Ford in reliability. However, they do rate higher in that regard than Chrysler does. Of course I'm also confused as to why you call predictions you are making "facts". |
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03-30-2011, 03:15 PM | #100 |
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I can't EVER remember Ford F150 beating Chevy Silverado in reliability/durability!
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03-30-2011, 03:31 PM | #101 |
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03-30-2011, 04:15 PM | #102 | |
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Camaro= Zeta II Chasis, CTS= Sigma chasis, Enclave= Lamba Chasis, Lacrosse= epsilom II etc.. @LOL at the Volt comment. Latter. |
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03-30-2011, 07:26 PM | #103 | |
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I obviously know what I'm talking about, I didn't lose money buying GM stock at the IPO. I also predicted the Volt would flop, and I'm looking good on that one too. And where did I switch stances? I've been very consistant. And FYI, my prediction on the Volt had nothing to do with it being a GM product. I clearly stated Americans are not going to buy electric cars. I used history to predict that one. Notice the Nissan Leaf is selling even worse than the Volt (here in the US). I made an educated decision not to buy at the IPO, and I was right. |
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03-30-2011, 08:19 PM | #104 | |
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And while GM did put a lot of money into the Volt program, it was probably only something like 50-100% more than they'd spend on a conventional program. However, much of that added cost is a one time deal. For the 2nd and 3rd generation of the Volt, as well as its relatives such as the Ampra, they'll just build on what they already have. Plus, by going out and doing something like the Volt they can apply things they've learned to make conventional cars more efficient, resulting in models like the Cruze Eco.
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__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
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03-30-2011, 09:55 PM | #105 |
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03-31-2011, 09:01 AM | #106 | |
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Yeah, when discussing the state (and future) of GM, things like reliability, sales, and stock prices are just ways to change the topic. |
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03-31-2011, 09:42 AM | #107 | |
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03-31-2011, 11:38 AM | #108 | |
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03-31-2011, 01:02 PM | #109 |
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Raise your hand if you're still arguing, have a valid point, and real trading experience to back it up. . . Nobody? Ok great. /argument
I called exactly what was going to happen to PPS before the IPO and I absolutely assure you it is going to continue. Why? OS is going to increase drastically either from SPO or simple dilution. That doesn't mean GM won't stay healthy, it means investors are not going to be happy in the short term. The conclusions drawn form the article are a stretch, but the concerns are real. What do you look at for indication of future profit when said company just effectively sold $52 billion of common stock that didn't exist a year ago? Management. If current financials weren't positive it would be a HORRIBLE sign for GM. They're exactly where they should be right now as any company that isn't profitable after that bailout would be an absolutely devastating failure. The question is, is management equipped for what lies ahead and will they make the same mistakes as old management? Those are the most important questions anyone looking to invest SHOULD be asking and that's why the concerns that lead to the exaggerated conclusion of the article are real. Scrutinizing management is exactly what needs to be happening right now. In summation, I am NOT, I repeat, NOT saying GM is in trouble. I'm saying that these are not bogus concerns that come out of nowhere, these are the exact questions that investors need to be asking and they should be considered rather than tossed aside as blind hatred of GM. P.S. Saying the market isn't based on tangible concerns just tells anyone that trades that you haven't got a clue. Take those comments to the OTC pennyland where they're accurate, the big board movement is a whole different story. It's about mass psychology and when you have a huge sample size (GM investors) losing confidence in the future of the brand, that has a very real effect on projected sales. That doesn't mean it's the end-all, or that GM is in trouble, but it's extremely naive to assume it means nothing at all. Last edited by 8cd03gro; 03-31-2011 at 01:21 PM. |
03-31-2011, 01:14 PM | #110 |
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EYou don't need trading experience to see what's going on here. It's common sense, kind of like getting a drink of water when you're thirsty. I'll wait until my 4 yr old gets home from Pre K and see if he can shed some light on this mind bender....
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03-31-2011, 07:59 PM | #111 |
I used to be Dragoneye...
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GM's not moving backwards....
Ridiculous to propose anything other... |
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