GM - General Motors

What will the price be? Could this become another Tesla?

I am very interested in the IPO.

I want in, but I want to know price. And I hope Cramer pumps it for a short term trade like he did Tesla

If the price is right, i'm definitely in.

Anyone have the intraday data for TSLA's first 2 days? Curious as to what those ticks looked like.

I read an article saying for the goverment to make back all the money they put in they would have to sell the shares at 113$. Personally i find 113$ for a IPO share abit expensive, considering your buying into a basicly previous bankcrupt compagny.

yeah that number scares me. I was hoping for 20 or less,lol

Whatever it is, I'm shorting whatever they put out. At least for the first few months until the dust settles & its price comes back to reality. In reality, the name GM has a bad taste in everyone's mouth.

This is one of the absolute worst times to IPO. Typically, you want to IPO when dumb money is aplenty in the market. From my observations, that's not the case now.

Me to i was hoping for 20 but they would have to issue way to many O/S don't see that happening.

Uncle Sam pumping and dumping...LOL

Yeah, you see they already have some interest. I hope they put out options on this immediately.

Any more information on price?

http://www.reuters.com/article/idUSTRE67B4JW20100813

Pushed to next week apparently.

All I need is Jim Cramers "dumb money" approval for my quick entry

Ok since I am a newby, does a traditional online trading account offer the ability to buy IPO'S?

Only if they make it available to the public.

bump for MTLQQ soaring 50% in the past 3 days.... Bummer any bag holders of mtlqq will soon loose their money as mtlqq has nothing to do with gm at all, other than a shell company to unload all their debt to when it comes up to keep a clean track record.