GM Stock

any idea on this new GM stock guy?

I think the company is trying to go for a new image altogether - GM could end up turning the corner here soon.  Competition from overseas markets (mostly Japan) has started to even out more as of recently.  Honestly I think we will see a surge sometime soon with a few names from American automobile industry.  Their ability to change and have new innovations is the key for their future success, look at which companies are doing the most work looking ahead into the future instead of the here and now, and you will likely find yourself some very profitable investments.

So long as they have the burden of paying all those retirees (healthcare, pensions), they will continue to have this overhang of problems.

Sure, they are turning out profits now, but you have the above and the United Auto Workers to contend with.

We'll see.....

would not touch it with a 10 foot pole

This investment is a bad bet. GM has the same problems they had before going bankrupt. Unions have their balls in a vice and that won't change anytime soon. I see bankrupsy  when their 60 something workers go for the cash.

got a 100 shares the day it came out @ $35 / ea....long term hold for me