Of course stocks go up and down.. Later, they also can split too. Our govt could of made them all preferred shares too which would of been what.. over $50 a share.. I could go on on with the IFs..
Kiss someone that's different. It helps.
Lets get the facts first, then go for the jugular!!
It's all transparent, just read between the lines..
And companies that are worth "60 Billion" don't open up at a 50 Billion IPO price either...
I should clarify my positions on GM....
I hope they do well, I hope they get their money back, I personally feel this IPO was rushed and as a TAX PAYER we are currently in the position to lose 9 BILLION on this "investment".
I personally don't think the govt should have given them so much money... the union should have given more... But we can't change that now.
Most of me and a lot of other professtional's believe that this IPO was rushed for political reasons. GM/the govt/the unions, should have waited until the economy improved more (which would have left more money to invest) and they should have waited till GM showed they were a Profitable company for more than just one quarter.
Again I hope they do well with this, but it was too soon and we stand to lose over 15% of OUR investment at the current rates.
"I know you guys enjoy reading my stuff because it all makes sense. "
Dumbest post ever! Thanks for the laugh PO!
I am just glad they stayed open. Do you know how many secondary jobs this affects? How much they are vital to our defense?
I think the unions should of helped more too.. Money, pay cuts, no bitching or complaining..They better be buying stock too.
Kiss someone that's different. It helps.
Lets get the facts first, then go for the jugular!!
It's all transparent, just read between the lines..
And if GM went under you dont' think FORD wouldn't have picked up the slack?
We've gone over this, had GM gone under the DEMAND for cars wouldn't have decreased, only the supply, which would have been made up for by other MFGS. And remember GM is one of the least "American made" care companies...
China is taking some BIG positions in this IPO too.
"I know you guys enjoy reading my stuff because it all makes sense. "
Dumbest post ever! Thanks for the laugh PO!
Kiss someone that's different. It helps.
Lets get the facts first, then go for the jugular!!
It's all transparent, just read between the lines..
No. China would have picked up the slack.
After all, the GOP promotes businesses moving their labor overseas... And, that's what would have happened. China would have bought whatever assets were valuable, and moved it overseas, and gotten a tax bonus from the Fed for doing it.
Raptor Jesus: He went extinct for your sins.
Can someone explain this too me.. please..
The largest transfer of wealth we have made to Communist China in the last couple of years and that is OK..
Now the GOVERNMENT of COMMUNIST CHINA according to Douglas is buying shares.. and that is OK too.
It is wrong or our government but it OK for the Communists..
Since when did the GOP find this acceptable? I think the Tea Party should be as outraged as me..
As you know, and as I stated many times before GM is a BIG government defense contractor with many defense & trade secrets..
Are we that dumb??
Kiss someone that's different. It helps.
Lets get the facts first, then go for the jugular!!
It's all transparent, just read between the lines..
"I know you guys enjoy reading my stuff because it all makes sense. "
Dumbest post ever! Thanks for the laugh PO!
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