Historical low price that my open orders got filled should this stock ever re-test its historic lows which it did late yesterday.
This corp is the largest US auto maker, and though I do not like the Feds bailing out major corps, in light of this new liberal Socialist President Obama (who was bought into office by the unions and other far left groups), GM I believe amongst other major corps will get help and will survive and go forward from here.
One of the major problems in last 20 years is the labor unions and their ongoing costs are breaking this nation and I cannot see GM failing regardless of what I believe governments role should be related to private business.. I do own GM vehicles and like them. I use them in my business too.
Unless the unions are busted so that the auto makers too learn to deal with less like other US corps and the average US citizen, and the auto makers operate without the strong union lobbyist groups, they can survive and have plenty of cash in a non-union environment in this new global control world we live in; as the days of the unions are far gone, yet some still will not see or believe this and are in denial and that is a trait of a liberal and why with them in office, will NOT make the economy better, only get far worse..
GM long term I think will be fine as synergies will demand and force certain things to come to play regardless of feelings and reality will have to come about and time will tell..
AI
