> Erika wrote: > but perhaps good for GM stock ?? > It was already priced in. This has been in the rumor mill for at least 3 months, but who know; maybe people waiting to back in to the market will use this as a reason to jump.
I know that GM and Ford are super low, but I personally wouldn't touch them. But then on a conservative scale, conservative to liberal, from 1-5 I'm like a 0.2. I don't like the re-engineering stories I've heard about The Volt. Then there's the pricing that they've got all wrong. I appreciate the fact that they're taking the moon shot, but I'm not sure that they're the right people to do it. Then there's Tesla that's laying people off and losing some (most?) of their funding for their sedan. The Japanese have been mostly silent on their full electric. I wonder what's up their sleeve? And finally there's the fact that no white knight has snapped up either of these companies: not Goshn, not Buffett, not even the usual PEG suspects. What that tells me is that there is very little money that sees any upside in GM or Ford. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:275554 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
