GM - General Motors Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : GM - General Motors

GM 70.75

+2.8%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Axel Gunderson who wrote (79)	7/8/1998 3:24:00 PM
From: Ed Diaz	Read Replies (1) of 543

My two cents. The recent movement of this stock clearly illustrates, IMO, the effects of insider trading. Think about it. The company is closed up due to a strike, "with no settlement in sight"; inventories and revenues are shrinking; earnings for the quarter and year are going to be seriously impacted. How amazing that the stock has powered ahead under these conditions. I'll just bet GM employees, on both sides of the strike, have bought much of the stock over the past two weeks, and all the ballyhoo over the strikes impact on GM finances is just so much negotiations rhetoric. That being said, look for a "miraculous" strike settlement very soon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next