These Kinda Sh!ty attitudes are One of the reasons Gm is having trouble No matter How bad things are at GM right Now Me personaly will always Own stock with them Like them or not. With everything GM has ever Done for the Economy in the past I think deserves our Attention and Help GM is a Icon of AMERICA And if GM goes Under or Gets Bought out bye BIG German Or Big Asain Auto it truely Will be the end of an Era I come from Three Generations Of GM Workers And they HAve ALWAYS DONE US GOOD! The Economy is what is making GMs stock Junk not the Cars Being built Sorry Im rambling....But whats the use in Bad mouthing the Company? Honestly Camaro Ethusiast with this Attitude....Hmmmmmm Why even Bothering Buying a Camaro.....Are you all Gonna be the Type of Guys/Gals at the Car cruise Saying To the ford Guy "Well I love The Camaro Id love it more if it was Built Bye Ford Though"?My first car was a 68 and I currently own a 69. I am hoping to hold out for an 11 convertible but I agree with what was posted earlier about not investing in the company just because you like their product. GM stock has been downgraded to "junk" status. If you are smart enough about the market and can buy it at the bottom I'm sure you can do well. I never seem to be smart or lucky enough to buy at that number.:BangHead:
Just go to your Local Discount Brokerage.I would like to figure out how to buy GM stock, I think now would be a great time because they are in a restructuring phase that I have confidence will turn out well, but I've only been working a year and have never traded before. I don't even know how to go about something like this, how much to invest, etc....I had always planned on hiring a person sometime to deal with my finances when I got married (still kind of distant future, found the girl though).
Awesome thanks, I guess its time to start doing some research.Prolly best bet Like Scott Trade or ING something like that you can find Then in the Phone books or Online....I dont know if they have Local branches in Washinton But if you look them up online They have 800 numbers you can call and Answer Everything.
Agreed.I think the turnaround for GM will be when they retrofit their factories for the latest demand, fuel efficient smaller vehicles and provide a variety of these that meet the various changing needs of the public. It may take a year or two, but I think they will bounce back. Right now it seems it will get worse before it gets better, however, they make so many vehicles all over the world and they also provide the military with a tremendous amount of varied products. The concepts I have seen coming from GM in this area have promise. Buy their stock? All my money is tied up in secure, long term, safer products. Pretty much no one is making money in the market right now, heck, even Exxon just took a major hit.
I'm not sure there will be a turnaround until either gas prices drop, or they make cars/trucks that get way better gas mileage. And I don't mean just GM. The economy is crap, gas prices soaring, mortgage defaults, etc.... It's ALL gotta change before people are comfortable buying cars again.I think the turnaround ...