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This Quarter's Sentiment:
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SocialPicks Community
Bearish on GM ...
GM
Bearish on GM ...
GM
GM - The End Is Near
GM
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Previously, I projected GM to run on rumor of the bailout and its passage. Given the dire state of the current economy, I did not see how the US Congress could not pass the bill. Despite the passage of the bill in the House, Senate Republicans appear unwilling to pass the bill, which will yield a deathblow to the entire industry (not to mention the economy as a whole). GM, at least in its current state, is on its last legs.
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Auto Makers Set to Receive Short-Term Rescue Loans
GM
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The accompanying table [click to enlarge] presents the ETF Innovators [ETFI] Global Personal Transportation Index, which includes 40 companies with market caps of at least $150M. Since I last updated the index last month, the total market cap of the 40 companies has declined by 22% and currently stands at just under $450B with Volkswagen (VLKAY) accounting for nearly one-fourth of that total thanks to an 85% stock price gain in the past year and market cap of $112B.
Meanwhile, Congressional lead...
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Bullish on GM ...
GM
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Similar to Ford, I think this week will continue to be positive for GM. At the moment, I would not play the stock long though.
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Austin
(+4.53% risk: conservative)
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GM Long Term Charts
- Trendlines and support/resistance lines on long term charts of GM (since 1968) for a better perspective:
http://patternspy.blogspot.com/2009/03/gm-g
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More Resources
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About General Motors Corp
- Answers.com
