Go Back   DealershipForum.com > Domestic Franchises and Independent Dealers > General Motors > Sales

Notices

Reply
 
Thread Tools Display Modes
Old 04-17-2011, 07:21 AM   #1
steve_biegler
Senior Member
 
Join Date: May 2010
Posts: 1,403
Default GM Stock price

Looks as though the public is as fickle about stocks as cars. Wonder if this concerns Sergio?
http://www.autonews.com/apps/pbcs.dl...110419909/1216
steve_biegler is offline   Reply With Quote
Old 04-18-2011, 10:34 AM   #2
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,855
Default

I just had a chance to read the story in Automotive News - it was very interesting.

I wasn't aware GM's stock had dropped below the IPO price and was so far away from the Government's break-even point. It was also interesting to read that Wall Street's concerned about GM's weak product pipeline and the recent turnover among their top managers.

Concerning Marchionne, I think his biggest concern at the moment is trying to refinance the Government's equity so Fiat can take a controlling interest in Chrysler and issue an IPO. It will be interesting to see if there's a long line of banks/investors who want to buy Chrysler bonds?
XDCX is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Old stock needs to go now!! MERCEDESBENZOFMEDFOR Parts 1 09-27-2011 10:37 AM
Interesting Price Action for Lithia's Stock (LAD) over the past five days XDCX Automotive Discussions 3 09-15-2011 02:15 PM
02/02/09 Price Increase D-Mail XDCX Sales 3 02-03-2009 10:00 AM
GM's Stock Price Target is $0 XDCX Sales 0 11-10-2008 11:13 PM
GM's Stock Price at a 26 year low XDCX Sales 5 06-27-2008 10:08 AM


All times are GMT -7. The time now is 12:15 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright DealershipForum.com - 2008 - 2016