Should I buy GM stock ?

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Chindeep

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I'm Considering buying GM stock. At $1.75 a share ,do you think it would be wise to buy maybe $5000 worth. Do yoou think it has bottomed out ?

It can only go up right????????

Thx in advance
 
It can´t get much lower, and you might make a mint.. esp if they bail them out..
 
Five year minimum price: Yes
Price below book value: Yes
PE less than 10 (but greater than zero): No
(PE is infinity because it is losing money)
Pays dividend consistently for five years: No

So its not an investment grade stock.

That means if you buy you are speculating or gambling that the price will go up. Odds are you will lose the bet. If you win you win big. So the question is: can you afford to lose $5000.

There are many better companies (worth four yups) on the market at Bargain Prices.
 
Nope I think - 10 $ maybe a bottoming out, I really hope not but its vulnerable. Outdated business model, leaner competitors, No new products on horizon, overheads growing. Real problems. first headache for Obama
 
Shit, you're serious.

I was going to come up with a sarcastic answer to match your sarcastic question.
 
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