GM stock - Page 2

d-ray657 · #11 11-19-2010, 07:23 AM

Quote:

Originally Posted by Charles

Globalist.

Obama is a globalist.

I've yet to see anywhere just what the government has invested in GM, and at what price per share as compared to what the IPO is bringing in. I also believe GM was given some huge tax incentives which translated to a larger profit margin. In other words, the books have been cooked at our expense. And, out of curiosity, the actual net profits or losses on the Volt.

In other words, I haven't seen any hard figures as to what is happening. And I know for a fact that I won't be seeing any on the 6:00 news.

Chas

What I read is that the stock price needs to reach over $43 for the govt. to break even on the remaining shares.

Regards,

D-Ray

piece-itpete · #12 11-19-2010, 08:03 AM

I see the ipo rocketed past it's offering price. $34.19 at closing. Dang it.

If the Feds do so well on the market perhaps we need to look at investing social security

Quote:

Originally Posted by Fast_Eddie

I heard about that. Geez. I think I like this idea worse than our government owning it. Weird when a private company in Communist China is buying a government run business in the U.S. If you'd a told me that 10 years ago...

Agreed, amazing!

Pete

BlueStreak · #13 11-19-2010, 10:47 AM

Quote:

Originally Posted by Bigerik

Now that the government is enthusiastically selling it's shares, does anyone think the idiot comments about Obama being Socialist will finally go away?

No. Too many idiots, electing people who are "Just like me (Them).".
Hold on to you hat Erik, the monkeys will soon be running the zoo.

Dave

djv8ga · #14 11-20-2010, 09:47 AM

Quote:

Originally Posted by piece-itpete

I see the ipo rocketed past it's offering price. $34.19 at closing. Dang it.

If the Feds do so well on the market perhaps we need to look at investing social security

Agreed, amazing!

Pete

OMG...this is what it's come down to(?)

Twodogs · #15 12-05-2010, 01:04 PM

Quote:

Originally Posted by Grumpy

Ford was a much better option.

Yes indeed.

merrylander · #16 12-05-2010, 01:59 PM

Damn, I am real sorry but I still can't see how this is any different that Tenessee giving the farm to Nissan and Toyota, juts because it is an American company everyone wants to bug the boardroom, but the foreign makers can do no wrong.

Fortunately it would appear tha public is finally wising up, GM, Ford and Chrysler sales all UP, Toyota DOWN.

BlueStreak · #17 12-05-2010, 05:45 PM

Quote:

Originally Posted by merrylander

Fortunately it would appear tha public is finally wising up, GM, Ford and Chrysler sales all UP, Toyota DOWN.

One can only hope that the American public would start supporting high paying union jobs and let the Orwellian pricks over at Toyota go to hell.

But, I don't see it happening. Most of them have been brainwashed into thinking those who stand firm for a strong wage are the pussies. Real men bow, scrape, kiss ass and cow tow to authority on the job.

Dave

piece-itpete · #18 12-06-2010, 10:21 AM

Quote:

Originally Posted by merrylander

.....Fortunately it would appear tha public is finally wising up, GM, Ford and Chrysler sales all UP, Toyota DOWN.

Hooray!

Strange yesterday, I was tailgated 3 times in bad weather and all three were Honda minivans.

Pete

d-ray657 · #19 12-15-2010, 08:25 AM

Just posting because rorpoccamma's stock is very low in my estimation. Trying to get his posts out of the front of the line.

Regards,

D-Ray

whell · #20 04-19-2011, 09:12 PM

Quote:

Originally Posted by d-ray657

What I read is that the stock price needs to reach over $43 for the govt. to break even on the remaining shares.

Regards,

D-Ray

http://www.google.com/hostednews/afp...272997d1cd.a51

Actually, it needs to reach $53, and it looks like it'll miss that threshold.