(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 9 months ago
New low.... $29.30 last warning if we go under $29.00
Tradewithmojo 9 months ago
Falling under $30.00
Tradewithmojo 9 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 10 months ago
$GM New LOW $31.52
Tradewithmojo 10 months 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 11 months ago