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Re: GM Stock Nearly Doubles in One Week
The high point today was $16.35...
Other then the dividend cut, the fundimentals haven't changed at GM... What has changes is the price of oil has dropped another ~$2.00 a barrel today.
The market it betting that we will all go back to Trucks and Ute's when we smell the sweet sent of cheap gas...
I'm not so sure....
If the July sales numbers are "good" or at least better then Toyota... This will hold... If not, this is going to be a wild ride.
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How many shares of GM do you own? If you love GM and if you love Rick, BUY SOME!
They're going cheap only $20.00, nope 15.50, nope 14.77, nope 13.77... CRAP $11.50 OMG 10.06
Stop the presses! The turnaround has begun... we are back trading in the 12's
Never mind  back in the 10's, 9's, 8's, 7's, 6's, 5's, 4's, 3's $2's, 1.70 Anyone Surprised?
Last edited by 2002 Caddy : 07-23-2008 at 01:38 PM.
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