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Old 06-26-2008, 11:36 AM   #13 (permalink)
1931Chevy
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Re: GM Stock Falls 11% At Market Open On Goldman Downgrade

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Originally Posted by FenwickHockey65 View Post
If GM falls below $10/share, I may buy a couple shares. Companies have weird trends of bouncing back after events like these. It may take some time...but there's a pretty good chance of a nice return.
Becareful my friend because if the stock falls a little more theres to ways here up or to bankruptcy, GM biggest mistake was making hybrids for the big SUVs instead of going straight to the main cars like the impala and malibu, now it might be too late for the company unless Rick is planning to sell half of GM to Tata or Mahindra or a Chinese company, Ricks problem has been that his plan has been moving damn slow and the automotive market is changing day by day and he got caught with his pants down.
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