I recently sold a house and made a good profit. I am going to take my time getting back into the market to see where it goes. As I sit on the side lines, what is the safest, highest returning ...
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"Yes, it's almost unthinkable that this century-old industrial giant could go the way of the DeLorean. But the maker of Chevys, Buicks and Caddies has been driven to the brink by lousy management, intransigent labor unions, high gas prices and an economic slump that has kept Americans off showroom floors.
GM cars are selling so poorly that revenue plummeted 45% in October. Its stock has slumped to levels not seen since the days when it introduced power steering. Cash flow has dried up to the point where 2009 could be the year that GM dies. "
Hope this answers your question!
Cheers!
StraightwithU
They will end up becoming a penny stock if they dont file for bankruptcy. They cannot compete with Toyota and other car companies who make fuel efficient cars, which is what Americans need. People are finally starting to realize that 4 wheel drive is a luxury and not a necessity.
slick09
im not sure but i will keep my eyes on it
General Custer
$0
Wizard
Bankruptsy? No questions asked.
Carli C4 Vuelve Informando
I would say... $2.15
I hope they go up :(
lolzlolz
i think they will file bankruptcy if they do not get the money they are asking for which means millions of jobs will be lost.... sucks
Common Sense
Get ready for China to buy GM/Chrysler..
Cosmic
0
They don't deserve a bailout.
In 1999 they had a 100% electric car that was perfect for commuting. They should have marketed this. But instead scrapped it because there was no money to be made in parts since maintenance was minimal.
Also, I just saw a dude on youtube that is using an electromagnetic engine in a car. He only has one battery for the radio. All that is needed is some initial inertia to get the engine going and then it is perpetual. This is what GM should have been making.