Who will invest in the New GM when it finally listed on the stock exchanges?
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.
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.
by phion 6 years ago
Taxpayers pay for $49,000 of the $89,000 dollars it cost to build a Chevy Volt. Sound like a good deal to you? That President Obama really wasn't joking when he said energy costs will have to sky-rocket was he? What a joke. See what happens when we rely on government?
by pgrundy 9 years ago
Does anyone else think this is getting out of hand? I read yesterday that GM will close 5 more plants and lay off 20,000 more U.S. workers but they need $14 billion to do it. How many jobs could we lose for $28 billion? How many billion do we have to fork over to get them to eliminate ALL the jobs?...
by ronaknky 6 years ago
Why is the stock exchanges effected world wide due to disasters and blasts?It is usually seen that as soon as some earthquake or any natural or man made disaster strikes, the stock exchanges gets affected. Is it due to multinational companies or people taking out money from market?
by Zara Rasul 3 years ago
Is it possible to invest as little as $20 in the stock market?How does one invest a small amount regularly in the US stock market? What is the best way to do this?
by HarshitG 6 years ago
Hey,As many would be aware of that stock market is one of better way to invest and reap benefits from . So what i want to know is do you guys really invest in Stock market or stick with Fixed deposits and bank interest ratesHarshit
by Jyoti Kothari 6 years ago
In which stocks should one invest at present scenario?
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