Originally Posted by zeus3925
Nice statistic. Too bad they make no mention of which manufacturer. Over 4,000 of those added were by Chrysler. Another 6,000 were at Ford Manufacturing plants. guess that leaves a little room for another cookie for GM
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Nice statistic. Too bad they make no mention of which manufacturer. Over 4,000 of those added were by Chrysler. Another 6,000 were at Ford Manufacturing plants. guess that leaves a little room for another cookie for GM
"I'm gonna lean up against you, and you lean up against me. That way we don't hafta sleep with our heads in the mud"Forrest Gump, 1994
I guess I don't understand why you would think that any business is in business to give back. They are in business to make money.
All success belongs to the dog, all failure to the trainer.
They are in business because the American Taxpayer paid them to be in business. When I own part of a business, I expect a return.
"I'm gonna lean up against you, and you lean up against me. That way we don't hafta sleep with our heads in the mud"Forrest Gump, 1994
You are not going to get instant gratification when a company, down on its knees three years ago, needs to make capital expenditures in plants and equipment. However the present CEO thinks that GM is a good bet. He has been purchasing a bunch of it.
Sarge
I don't want to feed an ugly dog!
He's gonna have to hold it for a long time to make any money... all those shares given to the unions and such were about 50$ a share... what is it today? $25?
Bill Davis
Ps. Jeep is going to hire 1100 new workers in Toledo. Source: Toledo Blade
Sarge
I don't want to feed an ugly dog!
Bill - If you go to Yahoo Finance and compare the Ford (symbol: F) chart with the GM chart(symbol: GM) you will see that the two pretty well parallel each other. We are coming off a real crushing recession and You can't expect instant rebound. Demand for cars and trucks are just now approaching normal.
Last edited by zeus3925; 08-16-2012 at 01:29 PM.
Sarge
I don't want to feed an ugly dog!
I never said anything about Ford, but Ok... One differnce I would note is that Ford is doing it without billions of taxpayer dollars propping them up...
Bill Davis
Where do we go without great leaders for the defense of our liberties? Who will defend our right to live our lives _as we chose_ without others taking that from us? The answer is, as it should be, no one. We are the defense of our rights and should always remember that. Libertarian blogger
Bill you miss the point. You are complaining about the stock's performance. GM has pretty much followed its competitor, Ford, in price.
I am government assistance to the ailing companies.
Last edited by zeus3925; 08-16-2012 at 03:04 PM.
Sarge
I don't want to feed an ugly dog!
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