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Old 11-11-2008, 12:47 PM   #1
maxdmax

 
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Looking UP for GM (today)

the news is looking better today

GM likely to survive
http://finance.yahoo.com/news/GM-lik...-13533595.html

Obama Asks Bush to Provide Help for Automakers
http://www.nytimes.com/2008/11/11/us...cs/11auto.html
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Old 11-11-2008, 12:53 PM   #2
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Yup. I honestly dont see us allowing GM to fail. It would be very bad for American business. I bet the government would do a good deal to keep them afloat. Thankfully, it is starting to look like they have got it on their own though. Congrats GM.
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Old 11-11-2008, 12:55 PM   #3
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If GM goes America is screwed. The government can't afford to let it happen.
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Old 11-11-2008, 01:00 PM   #4
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Just more proof that no matter what is reported... and what you believe, it can change so often... and so quickly day to day.
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Old 11-11-2008, 01:00 PM   #5
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Old 11-11-2008, 01:17 PM   #6
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I got in today at $2.82. I don't see them disappearing, and in a few years the market will recover and people will get their heads on straight about domestic vehicles.
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Old 11-11-2008, 01:38 PM   #7
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Have you heard that Australian Prime Minister Kevin Rudd said they are pledging 2.4 billion to the U.S auto makers, as well as Canadian Prime Minister Steven Harper also saying they will are also considering providing aid to Ford & GM...

If GM or Ford goes, other economies like in Canada and Australia are going too...

http://www.leftlanenews.com/australi...-industry.html
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Old 11-11-2008, 01:47 PM   #8
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Originally Posted by kdbolt70 View Post
I got in today at $2.82. I don't see them disappearing, and in a few years the market will recover and people will get their heads on straight about domestic vehicles.
How did you get in at 2.82? low today so far is 3.25
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Old 11-11-2008, 02:07 PM   #9
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Quote:
Originally Posted by MisterCamaro69 View Post
How did you get in at 2.82? low today so far is 3.25
Uhh, what market are you looking at? Its at about $2.96 right now...

http://finance.google.com/finance?q=NYSE:GM
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Old 11-11-2008, 02:10 PM   #10
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This is great. We may be seeing GM skyrocket soon.
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Old 11-11-2008, 03:20 PM   #11
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I was looking at NYSE BGM
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Old 11-12-2008, 12:18 AM   #12
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Dayum...I want in at 2.82!
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Old 11-12-2008, 12:24 AM   #13
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I bought $10,000 worth at 8.93

I know I know, but I figured GM wouldnt go bankrupt and I didnt for see this huge drop. I was only getting 3% a year on my money. So even if by 2010 or 2011 its alil over $11 Ill have done better
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Old 11-12-2008, 10:22 AM   #14
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The stock is moving BECAUSE Obama talked to him and people heard about it... not because anything will change/the company is doing any better.


It is ACTUALY DOWN TODAY.


It is down from what it opened at.... 3.52
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