GM

Discussion in 'Stocks' started by nitro, Nov 7, 2007.

  1. nitro

    nitro

    It is amazing to me how forward looking the market has become. By my calculation, GM should be down $2+ on the news. While it is taking a hit, you can see buyers in that stock en masse.

    The business prospects for it outside the US are huge. I love the new Camaro.

    All that said, imo caution, as I think the stock goes down to low 30s, and then it is a strong buy.

    nitro