GM April 2011 Sales Up 27%, 232,538 Units Sold

[LostInMoscow]

Their stock price is an enigma to me............



I guess there was a little bounce up after April, but it's not like it's on fire or anything.

[Mr. Wyndham]

Originally Posted by FenwickHockey65

Any article that refers to GM as "Government Motors" isn't credible in the least bit and should be regarded with as much relevance as a pile of dog crap.

I need more room for quotes...I've seen three today I want to use.

Originally Posted by DGthe3

Here is the summary of the major automakers via autoblog:


GM..................... + 27.01 % 232,538
Chrysler Group....+ 22.49 % 117,225
Ford Mo Co........ + 16.43 % 189,778
Nissan NA............+ 12.16 % ..71,526
American Honda.+ ..9.76 % 124,799
Toyota Mo Co......+...1.33 % [FONT=Arial][SIZE=2]159,540

Originally Posted by LostInMoscow

Their stock price is an enigma to me............

Attachment 237000

I guess there was a little bounce up after April, but it's not like it's on fire or anything.

It's not going to be a get-rich-quick Stock...it's just not going to happen. There are a lot of people yet to be convinced of GM's stability as a company...their product, sales, and reputation are definitely in there...but apparently some investors take issue with their balance sheet.

To be frank, it's all over my head and really doesn't seem to align with reality, but...that's why I'm not a trader...

They're not even a year on the market, though...give it time...I think things will stabilize for the better.

Awesome!!!!

[2010-1SS-IBM]

Originally Posted by LostInMoscow

Their stock price is an enigma to me............

I guess there was a little bounce up after April, but it's not like it's on fire or anything.

Traders are probably factoring in outside events that could limit GM's (and other car manufacturers) future potential, like gas prices, etc... During most of that downslide, oil prices were rising.