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General Motors prices shares in one of biggest IPOs ever
NY Post ^
| November 17, 2010
| AP
Posted on 11/18/2010 2:55:51 AM PST by Scanian
click here to read article
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1
posted on
11/18/2010 2:55:57 AM PST
by
Scanian
To: Scanian
China will now own GM.
Anyone here going to buy any of those autos?
2
posted on
11/18/2010 2:57:41 AM PST
by
Carley
(WE SAW NOVEMBER FROM OUR HOUSE)
To: Carley
“China will now own GM.”
GM can do whatever they want as long as the government is no longer owning it. But if they screw up again they can’t expect another bailout with the new GOP House in charge.
3
posted on
11/18/2010 3:02:03 AM PST
by
ari-freedom
(Islam is at war against America, while America is at the mall.)
To: Scanian
Will someone compute the P/E ratio. I heard they were going to overcome the loss of $20,000.00 per car by selling in volume.
4
posted on
11/18/2010 3:02:58 AM PST
by
kbennkc
(For those who have fought for it freedom has a flavor the protected will never know .F Trp 8th Cav)
To: Scanian
Wait a minute. Our money bailed out Government Motors. And now we have to PAY for stock?
To: Scanian
Not investment advice, but some might just login in today and buy some or some more Ford as a personal gesture of defiance against our Obummer-Government. Just Sayin'....
6
posted on
11/18/2010 3:20:16 AM PST
by
taildragger
((Palin / Mulally 2012 ))
To: taildragger
personal gesture of defiance I might test drive one of their cars like Lee Marvin did in Point Blank.
7
posted on
11/18/2010 3:24:52 AM PST
by
kbennkc
(For those who have fought for it freedom has a flavor the protected will never know .F Trp 8th Cav)
To: LiberConservative
What you mean WE?
Only big, institutional investors were given a shot.
At $33 it is a ripoff anyway.
So much for “the party of the little people” looking after the “folks,” as the other BO likes to say.
8
posted on
11/18/2010 3:27:25 AM PST
by
Scanian
To: taildragger
Which hot-shot investor did I hear say that on Cavuto yesterday?
Sounds like a winner to me.
9
posted on
11/18/2010 3:31:06 AM PST
by
Scanian
To: kbennkc
Now Now KB... I had to google it to get the reference. I need to see this old flick, wow what a cast. Lee was a real man not this Woose we have @ 1600 Penn. If my memory is correct he saw real action in WWII...
10
posted on
11/18/2010 3:33:06 AM PST
by
taildragger
((Palin / Mulally 2012 ))
To: Scanian
GM will likely make up for their continuing losses via foreign sales, but I believe their domestic sales are going to take a "progressive" hammering as time passes.
China will fire US union labor. It's actually not a bad idea to turn GM over to competent management. They'll do what needs to be done that no POS manager stateside would risk.
11
posted on
11/18/2010 3:39:58 AM PST
by
Caipirabob
( Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
To: taildragger
Which hot-shot investor did I hear say that on Cavuto yesterday?
Sounds like a winner to me.
12
posted on
11/18/2010 3:42:05 AM PST
by
Scanian
To: taildragger
I think it was one of his best and I watch often.
13
posted on
11/18/2010 3:47:13 AM PST
by
kbennkc
(For those who have fought for it freedom has a flavor the protected will never know .F Trp 8th Cav)
To: Scanian
I am getting into this late, but how to you have an IPO of an existing failed company? Are there really suckers who would buy into this Ponzi debacle?
GM sounds like the proverbial relative who keeps going back for more money after they keep blowing it.
14
posted on
11/18/2010 3:48:53 AM PST
by
catfish1957
(Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
To: Scanian
If there are 500 million shares, why not just give every American a couple shares??????????
15
posted on
11/18/2010 3:51:05 AM PST
by
DaxtonBrown
(HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
To: taildragger
Marvin is buried in Arlington right next to Joe Louis and near the Tomb of the Unknown Soldier.
16
posted on
11/18/2010 4:00:12 AM PST
by
Radix
("..Democrats are holding a meeting today to decide whether to overturn the results of the election.")
To: catfish1957
Well previous stockholders and bondholders saw the value of their assets go to zero. So this IPO is fresh equity.
I wonder what the firm will be like under new management.
To: Scanian
This is WONDERFUL!
I get a chance to use my hard earned money to buy the money that was confiscated from me in taxes to bail out the company.
Have Americans completely lost it??????????????????
18
posted on
11/18/2010 4:34:47 AM PST
by
DH
(Once the tainted finger of government touches anything, it begins to rot.)
To: DH
We have definitely lost our attention span.
Each and every taxpayer should remember the automaker scam.
And all the Republican dealers that they closed.
19
posted on
11/18/2010 4:43:02 AM PST
by
Scanian
To: All
General Motors prices shares in one of biggest IPOs ever This is one of the biggest scams ever perpetrated in America.
20
posted on
11/18/2010 4:58:32 AM PST
by
Turbo Pig
(...to close with and destroy the enemy...)
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