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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (4767)3/7/2007 8:42:14 AM
From: Jerome  Respond to of 5205
 
GM...Good Earnings...Yes

finance.yahoo.com

Lets review a little history here.

Last Sept GM was expected to report $.49 and they reported $.93

Last june $.55 was expected and $2.03 was reported

For the Dec. Quarter $1.19 is expected and recently GM announce that +200 Million will be added to this quarter because of accounting changes.

GM is not entirely out of the woods, but they are being underestimated by a lot of talking heads.

JMO...Jerome