Everything posted by longtooth
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Merrill Lynch downgrades GM
Seriously, fess up. What was your motivation? Don't say world peace please. Mercy no.
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Merrill Lynch downgrades GM
It is the day we sacrifice fingers to small personal explosives here in the USA. I'm just being goofy in the face of adversity.
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Merrill Lynch downgrades GM
Heaven deliver us from learned people. Any time after Friday is fine.
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GM may kill another brand , did anybody say Pontiac? Also delays GMT 900 replacements.
How would you reconcile Traverse and Outlook? I think your idea has merit, but likely it's just me. Could GM 'give' Outlook to 'Yak? (ponty-Yak)
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Eight-Brand Pileup Dents GM's Turnaround Efforts - WSJ
Hear, hear. Brands may wither and die on the vine wanting for 'nourishment'. Then we can 'debate' them post-mortem.
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GM Shares drop to 53-year low, Goldman urges "sell"
True. Though I'm gritting my teeth through $5 per share losses since touting this very concept. Oh well, I was focused on the long haul anyway. I still think she'll rebound through '09 and '10...It's the whole 'when there's blood in the streets' ethic as it applies to GM. May as well go on the hook for a little more then watch tomorrow with dread fascination as the market opens. Maybe they could just take a few days off.
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GM Slates Sweeping Rebates As Toyota Closes In on No. 1
You've distilled my favorite ironies into a single post. Why would we spite a neighbor (if not a friend) and in the process weaken ourselves? WalMart's become as a self-reinforcing delusion. 'We' actually need WalMart now to insure the survival of the lowest income earners, they themselves employed by the 'Mart' in many cases. Interesting to see that on a sell recommendation that GM stock has 'fallen' 10% upon opening. Fascinating in it's own dreadful way.
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GM Slates Sweeping Rebates As Toyota Closes In on No. 1
Okay. Given what we already know, how would you assess GM's chances for success? If you awoke next Monday morning to find yourself at the helm of the 'sleeping giant', GM itself, what actions would you take during your first week on the job?
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Home of the Pittsburgh Steelers
Today will see a forum in Pittsburgh, Pennsylvania. What a truly Golden Opportunity. I hope some good will come out of it http://biz.yahoo.com/ap/080625/pa_obama_pittsburgh.html?.v=1
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Jerry Flint's Outline for Saving GM
Fresh off the GM Yahoo Financial page. Jerry also addresses many of the points you've been discussing here. http://www.forbes.com/2008/06/23/gm-chrysl...artner=yahootix
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GM may kill another brand , did anybody say Pontiac? Also delays GMT 900 replacements.
Responding to "gmcbob": Thanks for your well-reasoned and insightful comments. I believe much as you do in my thinking that GM bought the Renaissance Center to hedge against a possible future requirement for cash. My cynical side rationalizes their leasing it to the Chinese for 99 years for a Hundred Billion or so. Chinese investment cartels have that much rattling around under their sofa cushions so flush with success are they. I'm committed to riding the GM stock price 'coaster so long as GM seems to project the will to try.
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GM may kill another brand , did anybody say Pontiac? Also delays GMT 900 replacements.
"Mad Money Cramer" is waxing thoughtful Re: 'Prepackaged' bankruptcies for GM and Ford. I must say that this is the first time since Rick Wagoner stated (in paraphrase) back in '05; "No one buys cars from a bankrupt car company" that I have even considered the possibility. That is me. I am aware that it's been bandied about for a couple of years, but now, it seems more plausible. Opinions on what that could look like?
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GM may kill another brand , did anybody say Pontiac? Also delays GMT 900 replacements.
Still there'll be a need to 'Denali-ize' something. Those packages are just too decadent. Prefer those treatments over the Cadillac version.
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GM may kill another brand , did anybody say Pontiac? Also delays GMT 900 replacements.
If so, market share for the US winds up looking like the map of Europe where no one's got more than 15 or 20%. Certainly more competitive now sans the 'truck' factor. And more compelling.
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Get Out Now! (or as soon as you think prudent)
Referencing the acclaimed film "There Will Be Blood" (long straw please). "I drink your milkshake. I drink it up!" So we're perilously short on 'shakes here. I still think that the 'bubble' is primed to pop. Time'll tell.
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Recommended: GM Stock
Seems not be such a great idea being down over 6% thus far on the morning.
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Recommended: GM Stock
That which I have is linked to the ESOP of the 1980's. I recently moved to acquire more thinking "what-the-hell". It is a calculated risk on my part and as you've stated the dividend is somewhat the consolation prize. I have faith that they've finally 'got it'. In that I am hopeful. And life itself remains a calculated risk.
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Recommended: GM Stock
Daniel Jones enters the lions den in an article linked to "Seeking Alpha". He outlines his case for why holding your nose and buying GM Stock is likely a good idea. Well, here's to hoping, and I think that he is 'write-on'. the link: http://seekingalpha.com/article/81751-reco...ng?source=yahoo
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Get Out Now! (or as soon as you think prudent)
Quite. Although I think it's benchmarking. Katrina conditioned us for $3 per gallon and allowed us to be read as to backlash. I believe what is occurring now is conditioning for the $3.75 to $4 per gallon range. Unless futures trade consistently under $80/barrel. As for it lasting until Christmas (may Heaven please forfend that) that'd darken the 'holiday' for more than a few merchants.
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Get Out Now! (or as soon as you think prudent)
'Stang, we're notorious for short attention spans. Still there's hope.
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Get Out Now! (or as soon as you think prudent)
A Nation's currency betrays it's habits. Seems 'we' have deficit-spent ourselves into second rate status. (imo)
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Get Out Now! (or as soon as you think prudent)
Exploiting our fears perhaps. Herd mentality. Like Real Property. See the ceiling as yet for prices?
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Get Out Now! (or as soon as you think prudent)
The Dollar being a reflection of all that we are collectively. Not very flattering.
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Get Out Now! (or as soon as you think prudent)
Found this article/video on the GM Yahoo financial site. Ladies, Gentlemen, adjust your portfolios. With all of the good people who are members here, those best at 'seeing around corners' should have fun with this one. I'm hoping. Thanks. the link: http://finance.yahoo.com/tech-ticker/artic...-Investor-Herro
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Desperate Times
The semi-iconic Impala. At it's height in the early 70's she and 'sister-ship' Caprice tallied 1.3 million units per year