[DGthe3]

Originally Posted by syr74

There is absolutely nothing in GM's financial reporting to indicate continued increased profitability or to even to verify what GM currently claims they profit. In fact, given their last three financial statements I seriously doubt that GM is actually turning a profit at all. They simply shuffled enough paper to show a profit on paper to make for a better IPO...nothing more, nothing less.

The problem with that is, it generally only works once. The rest of the shares to be sold off wont benefit from the same voo doo accounting and hype.

proof?