GM has no bearing on this stock. Their 2BLN sales are international with 700 mln domestic.
If GM goes bk, it would be in 2 months (as announced, by then this stock will be above $2. Besides all US cars and car producers need and will be needing wheels -sooner then later. After harsh winter-most trucks replace their wheels anyway in spring.(inventory replacement)
We should see a great SPRING 2nd quater. Higher earnings, adjusted and PPS back over $2.50.
Besides US unemployment is on the rise to dangerous levels -forcing goverment to stop all the imports. Car imports will be on the top of the list to stop/curb.
THE FLOAT is so low, that when I purchased HAYZ stock they sold me some holdings of the MUTUAL FUND. It was showing in my account as I would own MUTUAL FUND -I had $5k in this fund.
Good news:AnalystChoice.com Free CFA Opinion on NLY, HAYZ, WTSLA and NVDA initiated.
-none of them going to be BK, all up runners
