The Fall of GM
#1
#2
General Motors return on assets is NEGATIVE 4.3%.
Profit margin is NEGATIVE 13.4%.
LOST $22.8 billion last year.
Stocks have 91.9% of it's value in 52 weeks.
GM's stock price as I write this is $2.08 per share.
1 year ago, it was $26.13 per share.
5 years ago, it was $48.89 per share.
GM has over $27.5 billion in debt owed to bondholders to the company. It's unsecured, so it was bought on "faith" of GM's turnaround. It's currently worth 15 cents for each dollar invested.
Hard to find any good new here.
http://finance.yahoo.com/q/ks?s=GM
http://www.gm.com/corporate/investor...hist_price.jsp
Profit margin is NEGATIVE 13.4%.
LOST $22.8 billion last year.
Stocks have 91.9% of it's value in 52 weeks.
GM's stock price as I write this is $2.08 per share.
1 year ago, it was $26.13 per share.
5 years ago, it was $48.89 per share.
GM has over $27.5 billion in debt owed to bondholders to the company. It's unsecured, so it was bought on "faith" of GM's turnaround. It's currently worth 15 cents for each dollar invested.
Hard to find any good new here.
http://finance.yahoo.com/q/ks?s=GM
http://www.gm.com/corporate/investor...hist_price.jsp
#3
Wow, if GM does a serious 180 degree turnaround, it might not be a bad idea to pick up some GM stock!
At least their stock is higher than FOMOCO right now.
Long live General Motors!
At least their stock is higher than FOMOCO right now.
Long live General Motors!
Last edited by monstertodd; 02-19-2009 at 01:17 PM.
#4
I think the gov will keep them trucking, maybe re-organize them... I don't think I would dump my 401k into GM stock though
#5
...till the day YOU actually put YOUR money on the line, all you're doing is talking out your.....er.... behind.
#6
You have to remember that Ford has close to 4 times as much stock out there, as GM has.
If you are thinking of buying GM stock, think about it, like you would a weekend in Vegas. Just make sure that it is money that you don't really need.
#9
#10
I'm not sure Hybrids/EV couldn't have been one chunk. They aren't making any impact on anyone's bottom line, and even if GM had went full steam ahead on an electric vehicle we don't have the ideal batteries now...
#11
#12
"It's a perception issue, the media is biased, and truck sales are really hurting because of the economy."
Yup...Keep drinking to that and maybe the truth won't hurt as much.
Long live the Camaro! But basically I do not like anything else about GM. They better promise to do better in their next life, wherever and whenever that is.
Yup...Keep drinking to that and maybe the truth won't hurt as much.
Long live the Camaro! But basically I do not like anything else about GM. They better promise to do better in their next life, wherever and whenever that is.
#13
Out of exasperation, I'd made up my mind to leave this site for a while due to all the anti-GM garbage that's allowed to be posted here. But on second thought, maybe I'll chime in now and then, just to lob in a grenade.
The very FIRST (topmost) item in that chart is incorrect. GM was the FIRST carmaker to sell an airbag-equipped vehicle to the public.
http://inventors.about.com/od/astart...a/air_bags.htm
The very FIRST (topmost) item in that chart is incorrect. GM was the FIRST carmaker to sell an airbag-equipped vehicle to the public.
http://inventors.about.com/od/astart...a/air_bags.htm
#14
I would say that my family has done its part to help GM.
#15
Out of exasperation, I'd made up my mind to leave this site for a while due to all the anti-GM garbage that's allowed to be posted here. But on second thought, maybe I'll chime in now and then, just to lob in a grenade.
The very FIRST (topmost) item in that chart is incorrect. GM was the FIRST carmaker to sell an airbag-equipped vehicle to the public.
http://inventors.about.com/od/astart...a/air_bags.htm
The very FIRST (topmost) item in that chart is incorrect. GM was the FIRST carmaker to sell an airbag-equipped vehicle to the public.
http://inventors.about.com/od/astart...a/air_bags.htm