- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
GM
Posted on 7/14/08 at 4:18 pm
Posted on 7/14/08 at 4:18 pm
They have a news conference scheduled for tomorrow (july 15) to outline the changes for the future.
GM stock is at a 50 year low - does tomorrow's news boost prices? What does the future hold for GM? Is this an opportunity to jump on GM's stock at a low price and ride it out for the long term?
GM stock is at a 50 year low - does tomorrow's news boost prices? What does the future hold for GM? Is this an opportunity to jump on GM's stock at a low price and ride it out for the long term?
3
Posted on 7/14/08 at 4:21 pm to AllsGroovn
quote:
Is this an opportunity to jump on GM's stock at a low price and ride it out for the long term?
No
Posted on 7/14/08 at 4:30 pm to AllsGroovn
generally, i think you wait until you start to see the upswing in prices. this hasn't happened yet so there is still room to lose. i dont think the company is going anywhere, but its stock price may continue to decline
Posted on 7/14/08 at 4:30 pm to Tiger JJ
quote:
No
he didn't say he wanted to make money.
Posted on 7/15/08 at 10:52 am to MileHigh
The auto industry ignored the price of oil. The auto industry is controlled by organized labor. Once enough workers get laid off the unions will demand drilling, but it my be to late 
Posted on 7/15/08 at 10:58 am to bigwheel
It would, however, be a great time to buy a new Tahoe/Suburban
Posted on 7/15/08 at 11:01 am to AllsGroovn
I'd wait to see if they're solvent first.
Posted on 7/15/08 at 11:27 am to Colonel Hapablap
This is another desperate measure from GM to stay afloat in the future. I wouldn't be surprised if they aren't solvent for too much longer. Unions, poor management, and failure to adapt have combined to cripple the Detroit automakers.
Posted on 7/15/08 at 11:38 am to TigerDog83
I think they will be lucky to make it through the next three years without being broken up and sold.
Posted on 7/15/08 at 2:00 pm to LSU0358
Dumb asses. They let the oil companies shove their dicks up GM's arse for waaaaay too long and sold off their innovations in battery technology to the energy companies. We should all have battery powered options on the showroom floor RIGHT NOW but they wanted to sell autos that needed after market parts.
frick 'em. Bring on the newer, nimble and responsive auto companies: https://www.teslamotors.com/
frick 'em. Bring on the newer, nimble and responsive auto companies: https://www.teslamotors.com/
Posted on 7/15/08 at 6:06 pm to Proejo
Posted on 7/15/08 at 6:49 pm to Sluggo
I still wouldn't touch GM.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News