| Will GM survive |
| yes |
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80% |
[ 4 ] |
| no |
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20% |
[ 1 ] |
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| Total Votes : 5 |
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Message
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| frusnak |
 Posted: Fri Jun 27, 2008 2:56 am Post subject: GM |
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CFO
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Looks bad for the once greatest automobile manufacturer. Keep your friends close but your enemies closer would apply perhaps?  
Will GM survive? |
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| Grimreaper |
| Posted: Fri Jun 27, 2008 3:28 am Post subject: |
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CFO
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Funny you shud axe bout GM az I jist buyded sum Sept 17.50 calls anna I plan onna scalun inta da stock on da next little selloff. It did travel a tad outside o'my parameters though so I bees thinkin da foist rally will only be a woodie...den a retest ov da BOTTOM makin er a duble DA BOTTOM  Mehtinks I had a bored stawted bout GM so ifn Jinxie wants ta search it out he kin see how accrut I was mit disn....and wit da fackt dat he coulda, shoulda, woulda bin able ta buy VLO at $40 ifn he didn already luze all his muny ave down from $68.50  BTW, I knows I gots a bored on Fode....my numba fo Fode is still sub $4 dallahs....I set dat dere price jist ta make it EZ ta remembah  No Fode bafo fo!   |
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| stockmarkettips |
| Posted: Fri Jun 27, 2008 3:05 pm Post subject: |
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Investing Manager
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| GM is going nowhere but down. It's plain and simple. Oil is going to $200 and they make oil guzzlers that will be harder and harder to sell. |
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| Grimreaper |
| Posted: Fri Jun 27, 2008 3:56 pm Post subject: |
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CFO
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| stockmarkettips wrote: | | GM is going nowhere but down. It's plain and simple. Oil is going to $200 and they make oil guzzlers that will be harder and harder to sell. |
Actually, ESLR n AERO goin nowhere butt down.  GM gonna sink a tad mo, rally, sink, swim, double DA BOTTOM er hopefully put in a new n improved low...den it gonna run ta $50+ in 5 years as Earl heads ta $40 dallahs a barrul. Haff way trew all dis ESLR gonna capitulate somewherst balow $2 dallahs witchoo on bored.....anna I hope I bees right tabout da $2 dallahs cuz dis story souns eeeerily simmler ta BRLC! Hey! It bees aaaall right theeeya on da chawts. |
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| Grimreaper |
| Posted: Thu Jul 10, 2008 4:42 am Post subject: |
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CFO
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These lows now being made in GM are not to be bought....lower lows due baleave it or not. "Hopefully" a new trend low woana come in forcing me to lower me tawget balow $6 dallahs. This heeeya POS alredy bees at 9 anna fisty fo right now  da lower it goes....da lower it needs ta go ...at "sumtime" in da future dat is. Ov course da chawt ALSO say GM bees a $55 stock at sumtime in da future too. Maybe dat'll be da new GM dat git stawted wit da new govmint muny.  |
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| prs1065 |
| Posted: Thu Jul 10, 2008 5:11 am Post subject: |
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Investing Manager
Joined: 01 Sep 2007
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| I say gm is not going anywhere. the make more cars that get 30 miles plus per gal. and they will report better sales next quarter. I say buy! |
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| Grimreaper |
| Posted: Thu Jul 10, 2008 6:54 am Post subject: |
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CFO
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| prs1065 wrote: | | I say gm is not going anywhere. the make more cars that get 30 miles plus per gal. and they will report better sales next quarter. I say buy! |
Uhhhm, the price of GM stock followed the price of gas at da pump aaaall the way up from March of 2003....through the Earl spike after Hurricane Katrina....and higher after that. What does da price ov gas gotta do wit da price of GM stock? |
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| frusnak |
| Posted: Thu Jul 10, 2008 12:51 pm Post subject: |
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CFO
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| Grimreaper wrote: | | prs1065 wrote: | | I say gm is not going anywhere. the make more cars that get 30 miles plus per gal. and they will report better sales next quarter. I say buy! |
Uhhhm, the price of GM stock followed the price of gas at da pump aaaall the way up from March of 2003....through the Earl spike after Hurricane Katrina....and higher after that. What does da price ov gas gotta do wit da price of GM stock? |
The following is an excerpt from msn money...
DALLAS (AP) - The chief executive of General Motors Corp. dismissed speculation that the largest U.S. automaker might soon seek bankruptcy protection. Comments in the past week about a potential bankruptcy are "not at all constructive or accurate," Rick Wagoner said Thursday.
GM has $24 billion in cash and $7 billion in unused credit facilities, he said.
Last week, a Merrill Lynch analyst cut his rating on GM stock and said "bankruptcy is not impossible" ....  |
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| Grimreaper |
| Posted: Thu Jul 10, 2008 3:09 pm Post subject: |
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CFO
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Ackchooly, we "shud be" mo concernd wit VLO than GM. I mean...GM "shud be" gettin crushed afta what Earl did agin taday. VLO on da udder hand be in da energy seckter. Can Jinxie really have dat much effect on da POS? Now he gotsta make it triple in value jist ta git da 2 fer 1 stock split he bees waitin fer at $100 dallahs. GM ackchooly sloooowed down taday at the very last seckond as it twas hangin on by da fanger nails. Mo selling balow dat initial 9.42 low and it meant MUCH lower prices.....insted it rallied thru $10 offa dat low....and den came in wit a "lower low"....which falls right in line mit what I wuz spekkin about at dat dere BRLC bored earlier taday. Sure....9.32 bees a "stoopid" numbah ta stop a selloff at.....but it sho beats holding VLO long. Based on da "new n improved" trend low taday at 33.20...dat POS now has a date wit sub $20 at sumtime in da future. Sumbody pleez remembah da 33.20 numbah I jist trowed at ya's. There will come a time I "might" be intrusted in VLO.....I'm wreckin it needs ta git cut in 1/2 at least 2 mo time first however. I may fergit da impotant numbahs I trow at ya's. I like WNR bettah anyhoo.....aren'tcha glad ya selded datn when I teld ya to?  |
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| Grimreaper |
| Posted: Wed Jul 23, 2008 2:01 pm Post subject: |
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CFO
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Misshun accomplushed as fer as I'ze konsernd. This move today to 16.35 got me jist about aaaaall out...cept fer 100shares n 4 Sept calls at da $10 strike....and da $17.50 calls. There is a GOOG chance the 16.35 high goes bye bye anyhoo...bafo GM falters. The miner areas be 16.50 n 17.50...den dere's dat dere majer ray-ziss-tance area I spekkd about. Will GM git there?  Hmmmmaybe...but like me jist sed....my werk is dunn...fo now. Yo Stockmawkettips-ends-n-pieces in a smokin pile o'ruins! Whachu tawkin bout?!! |
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