Question:

Gm Stock Prices?

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General Motors (GM) stocks are at $10.17. Do you think this is the time to buy or do you think they will contiue to decrease ?

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5 ANSWERS


  1. It depends.  Do you think people will start buying GM cars again?

    Chevrolet

    Buick

    Pontiac

    GMC

    Saturn

    Hummer

    Saab

    Cadillac

    Corvette

    Are those the brand names people are buying?


  2. american manufacturing has been dead for more than a decade.

  3. GM is short before bankruptcy. It will not survive 2012. The arrogance of top management and the stranglehold of the unions killed them a long time ago, its already a dead body, getting stiff.

  4. I would wait until their new labor agreement kicks in sometime within the next couple of years. GM is burning so much of it's own cash, closing truck plants, you have to ask yourself, would you invest in a company where their economic model is broken?

    The low stock price is a reflection of the company. I wouldn't purchase any shares at this point, and wait it out. I would check back in 3 months and re-asses GM. I would believe if it goes to say 7 dollars, then for a long term investment, perhaps, but to make a quick buck, I wouldn't touch it with a 10 foot pole.

  5. GM has done a poor job investing in next generation cars compared to foreign auto makers (Toyota, Honda, Hyundai).  They were one of the last auto makers to realize the demand for hybrid/more fuel efficent vehicles.  

    Some other factors:

    1)  GM pays a huge portion of its profits into generous benefits for their employees; which is a great thing for the employees and their families; but, a bad thing for GM's overall bottom margin/profitability.

    2)  Unless GM invests its time and money into innovative cars, instead of its traditional muscle/fuel-guzzeling vehciles, one will see the price of GM rising.

    The only good thing about GM's stock is it continues to pay out a .25 cent quarterly dividend; but, so do other stocks that are out on the market.
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