Who will invest in the New GM when it finally listed on the stock exchanges?

  1. dev4life profile image60
    dev4lifeposted 8 years ago

    Who will invest in the New GM when it finally listed on the stock exchanges?

  2. Brupie profile image68
    Brupieposted 8 years ago

    The prospects for the new GM are surprisingly good.  Their bankruptcy allowed them to discharge tens of billions of debt.  A competitive advantage.  Neither Ford nor Chrysler got such a get-out-of-debt pass.

    When GM sold off Saab and Hummer and shut down Pontiac and Saturn - they got a second chance to focus their operations.  The new GM should be a more nimble company that has already made a profit in Q1 of 2010.

  3. Alternative Prime profile image65
    Alternative Primeposted 7 years ago

    I don't "Trade" stocks per say but if I decided to invest in GM it would be for a potential short term gain or "Trade" verses a longer term buy & hold investment.

    The Bankruptcy did allow the company to discharge a considerable amount of debt from it's books however GM still remains in a "Questionable" financial situation going forward. What if the economy takes another dip and consumer spending is dampened again? How will the auto makers weather the storm? Plenty of other stock issues on both the NYSE & NASDAQ to check out before looking at GM.

    Just an Opinion.

    Alternative Prime

 
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