GM at 53-YEAR low since 1955

Discussion in 'Stocks' started by turkeyneck, Jun 26, 2008.

  1. It should be closer to $3 per share. Look at their financial statements.
  2. There are too many GM-related threads here now! :eek:
  3. GM should be taken off the dow
  4. Gratus...the Bush Cheney Oil Administration.....

    Maybe Tata will eventually buy what is left.....

    With discounted dollars of course.....

    Like curry ?

    Another Bush mission accomplished.......
  5. Daal


    it takes a investment bank report to make the stock market realize the obvious. how sad is this
  6. S2007S


    Last time a dow stock traded this low was I think MCD back around 4-5 years ago, touched 12-14 a share and ran to $60+ over the next few years.....wonder if the same thing could happen to GM...Dont think so.
  7. GS was probably sitting on this while they shorted the shit out of GM.

    They're the smartest guys in the room, but they're probably laughing hard about the above quote. It's true.
  8. It shows that the market is not information efficient.

    And GM is a widely covered stock. There's more opportunity with small caps.