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  • Gm ipo

    Who is steering clear and who is buying up? I need to read up a little more on them, but I think the IPO was around 32ish. That surprises me when Ford is 16-17 and has shown that they can make money. Thoughts?
    De Oppresso Liber.

  • #2
    Originally posted by 95ragtop View Post
    Who is steering clear and who is buying up? I need to read up a little more on them, but I think the IPO was around 32ish. That surprises me when Ford is 16-17 and has shown that they can make money. Thoughts?
    Gm owns a lot more shit still. I remember when I was writing service for ford...there was a time that their stock was going for $2 a share. That was a year ago. It was hovering around $12-13 when I quit 3 months ago. If you're going to invest do it now while people are high on thinking ford didn't take any bail-out money.
    "Any dog under 50lbs is a cat and cats are pointless." - Ron Swanson

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    • #3
      The "new GM" can go to hell. Their surgical bankruptcy crap has pissed me off more than the new health care plan. Oh look, we can form two companies and the government will support us. Lets take everything that's profitable and form a new GM and let the tax payers take it in the shorts on all the stupid crap we've done all these years. Make sure those union workers keep their benefits and wages though!

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      • #4
        Fuck GM and their stocks!!! Anyone that buys this shit is just crapping on the people that lost it all before. They don't deserve shit. Fucking criminals.

        Buy GM stock and you're aiding and abetting to criminal activity.

        And LOL @ $33 introduction. I would have laughed at a $10 entrance. Enjoy that blood money.

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        • #5
          I wouldnt buy any car/truck in GMs lineup much less an overpriced stock. Now Ford on the other hand...

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          • #6
            Once again:

            <--- shakes head and walks away.
            Originally posted by davbrucas
            I want to like Slow99 since people I know say he's a good guy, but just about everything he posts is condescending and passive aggressive.

            Most people I talk to have nothing but good things to say about you, but you sure come across as a condescending prick. Do you have an inferiority complex you've attempted to overcome through overachievement? Or were you fondled as a child?

            You and slow99 should date. You both have passive aggressiveness down pat.

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            • #7
              Originally posted by slow99 View Post
              Once again:

              <--- shakes head and walks away.
              I can see Jody crowding coworkers around the screen: "Let's see what this fool has to say today."

              I'm here for entertainment purposes only, people!

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              • #8
                There are a lot of better investments out there right now.
                Originally posted by racrguy
                What's your beef with NPR, because their listeners are typically more informed than others?
                Originally posted by racrguy
                Voting is a constitutional right, overthrowing the government isn't.

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                • #9
                  It's only been 9 months since they completely screwed their stockholders.

                  They haven't done a goddamn thing to prove this won't happen again.

                  GM is not the same GM it was before - it's just another company looking for a revenue stream. They can't compete with Ford and will just end up failing again.

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                  • #10
                    Originally posted by Broncojohnny View Post
                    There are a lot of better investments out there right now.
                    Let's not get on Amway again, Alan!!!

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                    • #11
                      I purchased 9600 shares this morning. I'm going long.

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                      • #12
                        Obama's Government Motors. Like any other government enterprise, they do not need to make money, just spend it.

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                        • #13
                          Buy some Ford and wait for it to get back to the 30s where it once waa

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                          • #14
                            I can't participate in IPO's

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                            • #15
                              Originally posted by Silverback View Post
                              Buy some Ford and wait for it to get back to the 30s where it once waa
                              Yes, it's made me some nice money this year.

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