Quote:
Originally Posted by Dragoneye
Then they're blind. Or perhaps its the "analysts" and "experts" like the one in the OPs article that just don't get it....
Do you remember what it was at last year? Do you realize they haven't been publically traded for even half a year, yet? Do you see articles like this that aren't telling the whole story??
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The PPS is not going up significantly anytime in the near future imo. They're going to dilute, actually they probably already are, and the PPS is going to tank because of it. In the VERRRRYYY long term, purchases at IPO may turn out well, but in the short term investors are not going to be happy. That doesn't mean GM isn't recovering though, it is very possible and likely that the PPS will continue to fall despite the fact that GM itself is "healthier".
It sounds like you think you have a better understanding than the analysts and the market as a whole. Damn, I need some stock tips from you.
Time and patience mean very little to anyone that held GM stock before bankruptcy. Imo the IPO was just way too high and a bad buy. I could be wrong, but I doubt it.