(GM) How to Make Money Trading Stocks 5-23-08 $42.83 to Bankruptcy 6-1-09
Uploader Comments (Tradewithmojo)
Top Comments
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GM IPO...... SHORT SHORT SHORT General Motors is poised to become one of the richest initial public offerings in U.S. history
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The firm faces a hearing on 30 June over its restructuring plan.
All Comments (13)
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GM slides to below its IPO price, hitting $32.7
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There are only two solutions now: either the SEC institutes circuit breakers in muni trading (snicker), or America lets GETCO loose to be a DMM in muni land. Of course, that may mean that the world's busiest HFT firm, may finally let GM drop below $33. Which, in turn, may make all the lemmings who bought up the world's most ridiculously overpriced IPO, realize they are staring at one very big, and very hot potato in their retail accounts.
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High-frequency trading (HFT) bashing without the firm that made sure GM would not trade below $33 in the first two weeks coming to its defense.
$29.17 very close....... now we can trade off the top trend line and 5$ - 6$ gas this summer.
Tradewithmojo 10 months ago
New low.... $29.30 last warning if we go under $29.00
Tradewithmojo 10 months ago
Falling under $30.00
Tradewithmojo 10 months ago
As Japan Shutdowns Drag On, Auto Crisis Worsens.......Because parts and supplies are shipped by slow-moving boats, the real drop-off has yet to be felt by factories in the U.S., Europe and Asia. That will come by the middle of April 2011.
Tradewithmojo 11 months ago
$GM New LOW $31.52
Tradewithmojo 1 year ago
Analysts warn that big plans by auto executives to ramp up production in China could lead to excess capacity that would hurt their companies’ bottom lines.
Tradewithmojo 1 year ago