2010-11-23 15:46:49 UTC
I got that message on my account, so I shorted TTM at $35.10 today and it is currently at $32.50!!!! GM meet dip below $30 bucks, by the end of this month!! Lololololl
GM's volt is an utter failure, whereas (tsla) ev is several years ahead against the Overpaid Government Union slugs.
I truly HOPE GOV Motors fails and it is funny how bagholders are already losing money in GM, unless some bought pre-IPO. The Proletarian Liberals have no clue what I am talking about, but they are experts at picking the best dancer on "Dancing With The Stars"! Let's see if anymore liberal whack jobs shoot their t.v, just because Palin's daughter was on that show!!
GM is going to drag ford motors common stock down for the short to mid-term, therefore, I am betting that shorts will continue to make money from the inflated auto industry stocks for several weeks.
It is amazing how the DJIA is at 11k, while we experience negative tail winds from N. Korea and the EuroZone debt crisis. The factors that can drive DJIA to 12k would be QE3, a lower $, higher commodities, etc..
Wall Street remains strong with their V shape recovery, while main street experiences a 1990's L shape recession.