Quote:
Originally Posted by 2ndgenz28
What ever makes you feel better, GM is still worth twice as much as Furd.
From all the BS slingin in this thread you would think Furd was selling at $50 or something but no, a 2nd class company still sells at second class prices.
Which can only mean all the cars they sell are worth jack squat.
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And the price will go up and down for GM for a while, as folks get in and out quick. Smart rich folks bought millions of stock at 33 then sold at 35.99, cleaning up. It will take a good 6-12 mopnths for the stock price to steady out as more folks start to buy for the long term. But for now, folks will jump in and out grabing profits as much as they can, which has not one thing to do with GM, but how the market works.
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What are you talking about? Do you understand what a market cap is? From an investment standpoint, at this point in time, Ford is valued higher. Period. It's mostly because of debt and bad public image of GM, but it's a fact. Do you think because Google trades in the $600 range that it is worth 23 times Microsoft, which is trading around $26 right now? LOL! If you don't account for number of outstanding shares, pps means jack.