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GM - General Motors - Page 12

post #221 of 367
Options to be listed Nov 29th
post #222 of 367
Selling done?

$34 looks to be defended. Everybody back into the pool
post #223 of 367
hitting new lows getting close to 34 mark
post #224 of 367
Day 1 and closing low of day. Boooooo.

Holding $35.56.
post #225 of 367
Quote:
Originally Posted by kevin1612 View Post
hitting new lows getting close to 34 mark
here we go again...test the 34 mark...even closer this time
post #226 of 367
thers the touch of 34 even
post #227 of 367
Quote:
Originally Posted by GoldenPimp View Post
Day 1 and closing low of day. Boooooo.

Holding $35.56.
I had some from 35.48.. Stopped out at 34.60 on the break to new lows..

Just be careful.. Think about how bad this thing would have done if we had another down day in the index's or lacked a 20point push off yesterdays SPX close.
post #228 of 367
and another try at breaking down...
post #229 of 367
there she goes....sub 34
post #230 of 367
$33.90.

Sucks for a IPO day.
post #231 of 367
Let the retail fleecing begin in earnest.
post #232 of 367
Obama to hold press conf...shortly on GM IPO
post #233 of 367
Quote:
Originally Posted by kevin1612 View Post
Obama to hold press conf...shortly on GM IPO
You serious?

Thanks for the pump Obama.
post #234 of 367
Quote:
Originally Posted by GoldenPimp View Post
In at $35.94
GP, did you dump this position or average down?


Quote:
Originally Posted by GoldenPimp View Post
Day 1 and closing low of day. Boooooo.

Holding $35.56.
post #235 of 367
Doesn't look too good going into tomorrow. F didn't look so hot today in an otherwise stellar up day either. Weird.
post #236 of 367
Quote:
Originally Posted by skwerl View Post
GP, did you dump this position or average down?
Avg down. I test the water with 50% of my expected GM investment fund first, then the rest 50% later in the day. I am comfortable with my position.

Obama pumping.

http://finance.yahoo.com/video/cnbc-...ector-23095845
post #237 of 367
Quote:
Originally Posted by hempick View Post
Doesn't look too good going into tomorrow. F didn't look so hot today in an otherwise stellar up day either. Weird.
Weak, but no failure. I say this is healthy.

http://www.marketwatch.com/story/gm-...8?siteid=yhoof
post #238 of 367
Thought there would have been a stronger open . . .

Lots and lots of shares traded hands.

Long term holders will eventually push the stock higher.
post #239 of 367
This is looking like a FAIL! And, the govt still has to dump 500 million shares to get out.

Go luck holders. You never know if may take-off!
post #240 of 367
Quote:
Originally Posted by USMC View Post
This is looking like a FAIL! And, the govt still has to dump 500 million shares to get out.

Go luck holders. You never know if may take-off!
Yup, FAIL. Too much hype, media/presidential pumps, excessive pricing no record of earnings yet to support such high prices. However, you never know how the wind will blow. All the best to GM investors.
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