Sunday, November 21, 2010

GM be succesfull? That's unpossible!

Freepers deny reality about the market approving of GM's IPO.

Da Coyote knows the market can't endorse the Evil that is Obama and the car company he owns!
Given GM’s inept management and corrupt unions, shouldn’t the stock price be 32 or 33 cents - not dollars?
DownInFlames prefers making unsupported predictions to flatly denying reality:

Anyone who buys into this is a fool and will lose his/her money.

dhs12345 knows this is NOT HAPPENING!
Doubt that there will be any long term investors. Just those who want to make a get in-get out quick buck. And, there may be a panic sell off if it appears that the stock is tanking. Certainly not a long term investment.
SAJ searched till he found numbers he prefers:

I’ve seen a couple of (very!) independent analyses that peg the proper share price for a GM IPO at between $1.60 and $2.05...and that’s WITH some rather generous assumptions about debt restructuring, contract concessions and future auto sales.

rockvillem thinks GM will always be socialist:

A great confluence between two trains of thought: (i) there’s a sucker born every minute, and (ii) there is no way that GM and the UAW are going to be cut loose from the federal teat anytime soon.

No doubt if they pay the government back, that will only be a conspiracy:

Pollster1 recognizes that this is happening, and the fix is in:
Once upon a time, the United States was a country in which the rule of law mattered. Looking at the GM bailout, you can tell that the rule of law was a very long time in the past.

1 comment:

  1. LOL, they just can't admit they were wrong about Obama, can they?

    ReplyDelete