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GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL

 
Anonymous Coward
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07/31/2012 12:08 AM
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GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
GMs growth in the month of July will be essentially flat. GM is losing domestic market share at a rapid rate. From January to April 2012, GM lost 11% of its market share about 300,000 vehicles of market share. Cadillac was down almost 25%.
Remember that big GM boom? Its a lie. Obama may have bailed out GM, but he didnt bail out the taxpayer and in the long run, GM wont be a viable business just because the government cut it a check.


[link to www.breitbart.com]
Anonymous Coward
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07/31/2012 12:19 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
lolsign
Bluebird

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07/31/2012 12:19 AM

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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
I saw the other day where GM STILL owes the government something like a total of $42 billion counting the decline in the value of the stock taxpayers are stuck with.

Yes, Obama constantly brags about this as though it is some accfomplishment!

I wonder what his idea of a failure is.
One of the most important aspects of conspiracy theories is being able to discern when there isn't one.

Oh yeah, like you'd understand anyway.

Where are we going and why am I in this handbasket?. . .J. Handy
Saddletramp
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07/31/2012 12:19 AM

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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Because God knows, if the government runs it, it will be more efficient and competitive...

Last Edited by Saddletramp on 07/31/2012 12:20 AM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Saddletramp
We Don't Rent Pigs...

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07/31/2012 12:21 AM

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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
And over 90% of their 2Q financing of new automobiles was in the "Sub Prime" category...God knows that ploy worked out well for the mortgage industry...

Last Edited by Saddletramp on 07/31/2012 12:22 AM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Invisible Man

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07/31/2012 12:27 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
GM is nothing more than a retirement fund. And they try to sell a few cars to pay for it. The buyout offers GM gives to employees is ridiculous. The workers are vastly overpaid for what they do. No where else can you make $35 a hour for running an impact gun.
Saddletramp
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07/31/2012 12:36 AM

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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Oh, and also, Obama had the government speed up it's annual purchases from GM this Spring so the companies bottom line would look better this year...

And of course the government almost buys exclusively GM cars and SUV's now...

Obama is so corrupt it makes my fucking teeth hurt...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward (OP)
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07/31/2012 12:36 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
I saw the other day where GM STILL owes the government something like a total of $42 billion counting the decline in the value of the stock taxpayers are stuck with.

Yes, Obama constantly brags about this as though it is some accfomplishment!

I wonder what his idea of a failure is.
 Quoting: Bluebird


God only knows
Anonymous Coward (OP)
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07/31/2012 12:37 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Oh, and also, Obama had the government speed up it's annual purchases from GM this Spring so the companies bottom line would look better this year...

And of course the government almost buys exclusively GM cars and SUV's now...

Obama is so corrupt it makes my fucking teeth hurt...
 Quoting: Saddletramp


He cannot even run a business right. I know, lets let him run the country.
Anonymous Coward
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07/31/2012 12:45 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
I got no love for this company at all after they fucked the bond holders.
Anonymous Coward
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07/31/2012 12:46 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
I bought a farm (figuratively) and the local magistrate said I could not live there unless every vehicle was licensed and insured.

I am allowed to live in a different place. close to a GM dealership where they (literally) have hundreds of automobiles on the lot that should get like $85/yr and close the US trade deficit via gross domestic product.

And we aint even talking insurance yet.
Anonymous Coward
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07/31/2012 12:57 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Just drove 1000 miles along I-80 from CA across Utah and Nevada to CO. A lot of coal and oil work + mining. Huge shiny new Ford trucks outnumbered Chevy/Dodge by at least 10 to 1.
Anonymous Coward
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07/31/2012 12:57 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Ron Paul was right. Those companies should have all just went bankrupt. Bailing them out with tax money only extended the bankruptcy.

Remember those Republicans idiots saying bailing out Gm would create jobs and Corporate Welfare is good and blah blah blah. Yeah, fuck you.

Here is another FUCK YOU from GM. All that crying from Republicans about tax cut and now they want to shove this up your ass.

GM CEO calls for $1 gas tax hike

[link to money.cnn.com]
ExpertOfSound

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07/31/2012 12:57 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
If they keep printing money, it makes everyone poor and unable to buy things properly.

This is what they want for the New World Order, to bring "order" out of chaos.
GREAT minds talk about IDEAS
AVERAGE minds talk about EVENTS
SMALL minds talk about PEOPLE

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Thread: THE TRUTH about the "Ancient Astronaut Theory" and Ancient Aliens TV Show AGENDA!
Anonymous Coward
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07/31/2012 01:14 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Too many companies think they're "too big to fail".. phuck GM let'em free-fall into the Abyss & leave a huge crater for the rest of them to see.

Fear is the only deterrent Wall-Street truly understands.
Anonymous Coward
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07/31/2012 01:16 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
GMs growth in the month of July will be essentially flat. GM is losing domestic market share at a rapid rate. From January to April 2012, GM lost 11% of its market share about 300,000 vehicles of market share. Cadillac was down almost 25%.
Remember that big GM boom? Its a lie. Obama may have bailed out GM, but he didnt bail out the taxpayer and in the long run, GM wont be a viable business just because the government cut it a check.


[link to www.breitbart.com]
 Quoting: sonic doom


GM was a crappy company before the bailout. Nothing changed to make it more competitive. Instead of trying to make it a better company, the gov't cut them a multi-billion dollar check. It only prolonged the inevitable - GM will cease to exist due to ineffective management.

Ford makes good trucks, that is their bread & butter. Chrysler makes good SUV's, i.e., the Jeep brand. However, GM doesn't make anything well. Their cars are garbage, their trucks are not powerful enough to compete against the Ram and Super Duty, and their luxury brand can not compete against true European and Asian luxury brands. So what does GM do well enough to keep it in business? Nothing. That is why they are on their way out.

The gov't fucked the taxpayers by bailing out GM. There was once a saying that went "As goes GM, goes the country." Well I guess that truly sums it all up. GM is about to go out of business and the country is on the verge of economic collapse.
Anonymous Coward
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07/31/2012 01:22 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Oh, and also, Obama had the government speed up it's annual purchases from GM this Spring so the companies bottom line would look better this year...

And of course the government almost buys exclusively GM cars and SUV's now...

Obama is so corrupt it makes my fucking teeth hurt...
 Quoting: Saddletramp


He cannot even run a business right. I know, lets let him run the country.
 Quoting: sonic doom


He knows exactly what he's doing. You're too thick headed to see this.
Anonymous Coward
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07/31/2012 01:24 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
:obamacrazyforwar:
Anonymous Coward
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07/31/2012 01:24 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Oh, and also, Obama had the government speed up it's annual purchases from GM this Spring so the companies bottom line would look better this year...

And of course the government almost buys exclusively GM cars and SUV's now...

Obama is so corrupt it makes my fucking teeth hurt...
 Quoting: Saddletramp


He cannot even run a business right. I know, lets let him run the country.
 Quoting: sonic doom


Says the idiot who voted for Bush. Who bankrupted a Gas company. lol

A fucking Gas company. How the fuck can you fail at that.
Anonymous Coward
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07/31/2012 01:30 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
And over 90% of their 2Q financing of new automobiles was in the "Sub Prime" category...God knows that ploy worked out well for the mortgage industry...
 Quoting: Saddletramp


GM has been loaning money to 430 Score CREDIT CRIMINALS since at least October 2011, to boost GM's sagging sales, and Obama's Economic Numbers

YOU and I will end up bailing out GMAC/ALLY, yet again, and no one in the mainstream media seems to care.

(too politically-incorrect to mention, since it might harm the Queer Messiah, Obama. Wouldn't want to be looking for a new media job in the Obama Economy, would you?)

Several people have been trying get this news out, for months.
Anonymous Coward
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07/31/2012 01:31 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Oh, and also, Obama had the government speed up it's annual purchases from GM this Spring so the companies bottom line would look better this year...

And of course the government almost buys exclusively GM cars and SUV's now...

Obama is so corrupt it makes my fucking teeth hurt...
 Quoting: Saddletramp


He cannot even run a business right. I know, lets let him run the country.
 Quoting: sonic doom


Says the idiot who voted for Bush. Who bankrupted a Gas company. lol

A fucking Gas company. How the fuck can you fail at that.
 Quoting: Anonymous Coward 18372701


An MSNBC Klux Klanster speaks!!
A mouth-breathing fool....
Anonymous Coward
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07/31/2012 01:32 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Recovery summer! Green shoots! Forward!
Anonymous Coward
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07/31/2012 01:34 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
:obamacrazyforwar:
 Quoting: ~Jay~


Best.Fucking.Otroll .Graphic...Ever.



Stolted.
Anonymous Coward
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07/31/2012 01:38 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Oh, and also, Obama had the government speed up it's annual purchases from GM this Spring so the companies bottom line would look better this year...

And of course the government almost buys exclusively GM cars and SUV's now...

Obama is so corrupt it makes my fucking teeth hurt...
 Quoting: Saddletramp


He cannot even run a business right. I know, lets let him run the country.
 Quoting: sonic doom


He knows exactly what he's doing. You're too thick headed to see this.
 Quoting: Anonymous Coward 16178844


I am an MBA. From an academic standpoint, I know as much about business and macro-economics as an MD knows about medicine and the human body. When I hear about these idiot lawyers in congress and the White House trying to do business strategy, I cringe. Why would a bunch of lawyers know anything about business strategy? That's like hiring an MBA to perform brain surgery or hiring an MD to build a bridge. Lawyers know nothing about business, yet Obama, all of his cronies, and almost everyone in Congress are lawyers. No wonder the country is so fucked.
Anonymous Coward
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07/31/2012 01:41 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
I am an MBA. From an academic standpoint, I know as much about business and macro-economics as an MD knows about medicine and the human body. When I hear about these idiot lawyers in congress and the White House trying to do business strategy, I cringe. Why would a bunch of lawyers know anything about business strategy? That's like hiring an MBA to perform brain surgery or hiring an MD to build a bridge. Lawyers know nothing about business, yet Obama, all of his cronies, and almost everyone in Congress are lawyers. No wonder the country is so fucked.
 Quoting: Anonymous Coward 20191040


Sure. But GWB II was the first and last MBA who will ever be president. My question is why can't the texas rangers win a world series and how long will their stadium be state of the art?
Simon23k
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07/31/2012 01:44 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
here is what i think will happen, from a video i seen back on youtube from some prophet having a dream of the possible future. As companies have problems and countries head into a depression/ another recession, there will be other countries to outbuy them then introduce the so called new currency - what i believe is that new currency is one step toward the mark of the beast and know this "the love of money, is the greatest of all sins" as they introduce QR's code on scanning items while investing time to create safe havens for the elite. The antichrist and the clone army are getting closer to having there hayday with everyone, but we must have faith or some religion belief to stop there control.

To me good people are turned evil after money issues for instance, a man who has no more money, has conflict at home, decides either to commit suicide or even go to store and take the funds from a cash register, later arrested and then put into a so called enslavement to the banking system with many years locked away. That is giving up i believe, and not fighting to keep there soul. Its true the world is heading into a dark path quickly but try to believe in something and help others before its to late, love for others and compassion carries a great many where evil and hatred will only incur disease and agression with conflict. We are all human, and showing support and guidance can allow for many positive transformations.
Anonymous Coward
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07/31/2012 02:17 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
I am an MBA. From an academic standpoint, I know as much about business and macro-economics as an MD knows about medicine and the human body. When I hear about these idiot lawyers in congress and the White House trying to do business strategy, I cringe. Why would a bunch of lawyers know anything about business strategy? That's like hiring an MBA to perform brain surgery or hiring an MD to build a bridge. Lawyers know nothing about business, yet Obama, all of his cronies, and almost everyone in Congress are lawyers. No wonder the country is so fucked.
 Quoting: Anonymous Coward 20191040


Sure. But GWB II was the first and last MBA who will ever be president. My question is why can't the texas rangers win a world series and how long will their stadium be state of the art?
 Quoting: Anonymous Coward 20402331


Bush 43 is not a prime example of what a top MBA is. Had he been in my class, he would have been one of the people that I would have tutored after class for feeling sorry for his dumb ass. Not exactly executive material. I wouldn't say that he is the last MBA as president; there most likely will be many more as the degree becomes more popular. The Texas Rangers suck, always have, always will. I personally hope they never win a Series since I'm an A's fan.
my 2 cents
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07/31/2012 02:17 AM

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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
For a lot of years I bought nothing but GM products. Their Chevys and Pontiacs were as good as any car on the market. That all seemed to change around the late 80s and early 90s. My GMs were breaking down more often and wearing out much sooner. My last GM product was a 1997 Pontiac Grand Prix. It was the biggest piece of junk I have ever owned. It was in the shop more than it was on the road and parts were ghastly expensive. I lost an ignition key for it once and the replacement was $110.00!! Anyways, I switched to Fords after getting rid of that lemon and have never been happier. My 2002 Ford Taurus has over 250,000 miles on it and still runs like a top and the only time it is in the shop is for scheduled maintenance. I will never, ever buy a GM again no matter what types of incentives or financing deals they are offering. I hope they go under.
Patriotism is supporting your country always -- and your government when they deserve it. Mark Twain


Those who beat their swords into plowshares usually end up plowing for those who kept their swords. -Benjamin Franklin
Anonymous Coward
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07/31/2012 02:23 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
I am an MBA. From an academic standpoint, I know as much about business and macro-economics as an MD knows about medicine and the human body. When I hear about these idiot lawyers in congress and the White House trying to do business strategy, I cringe. Why would a bunch of lawyers know anything about business strategy? That's like hiring an MBA to perform brain surgery or hiring an MD to build a bridge. Lawyers know nothing about business, yet Obama, all of his cronies, and almost everyone in Congress are lawyers. No wonder the country is so fucked.
 Quoting: Anonymous Coward 20191040


Sure. But GWB II was the first and last MBA who will ever be president. My question is why can't the texas rangers win a world series and how long will their stadium be state of the art?
 Quoting: Anonymous Coward 20402331


Bush 43 is not a prime example of what a top MBA is. Had he been in my class, he would have been one of the people that I would have tutored after class for feeling sorry for his dumb ass. Not exactly executive material. I wouldn't say that he is the last MBA as president; there most likely will be many more as the degree becomes more popular. The Texas Rangers suck, always have, always will. I personally hope they never win a Series since I'm an A's fan.
 Quoting: Anonymous Coward 20191040


I hope you are right. The purpose of government should be efficiency. That is the core of the MBA degree right? Lawyers are trained in adversarial-ism at their core.
CHL2T
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07/31/2012 02:25 AM

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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Chevy runs deep(ly in debt)
Behind every great fortune, there is a crime ~ Balzac

He was and was not, He was encompassed in the name yet not encompassed in the name, having as yet no name other than the desire to be called by a name.... ~Umberto Eco
Anonymous Coward
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07/31/2012 02:34 AM
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Re: GM STOCK HITS NEW LOWS, COMPANY IN TURMOIL
Chevy runs deep(ly in debt)
 Quoting: CHL2T


Have you noticed the shit-load of commercials that GM is running lately? I also thought that they had said that the name Chevy was being dropped and only the name Chevrolet would be used? Funny thing is that now GM is using the name Chevy in all of its commercials. I don't think that their marketing team has any idea what to do, actually. What a fucking joke.

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