GM - General Motors Message Board

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Non-Tech : GM - General Motors

GM 67.71

-0.8%

12:26 PM EST

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From: Arthur Tang	5/21/2009 10:55:59 AM
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In the last few weeks, the car leasing plans have firmed up on monthly payments. This shows in GM stock value, last few days. Since government bail out, GM stock has been oversold. A technical correction is long over due. While the government has not yet played out its hands. GM is very risky, unless you are averaging down. Chances are that it has bottomed out for the next few days. Long term, GM has yet to change top management, rebuilding dealership and creating hot car designs which do not look like made in 1930s.

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