Ford Motor Company (F)

[boredhousewife]

Doesn't necessarily means GM will continue to go up. Retail investors and institutional are basically trading it like any other stock right now for the exception it will just keep above it's IPO price. Ford will go on trading like it always does with the market. Only difference is because F has the options, puts, calls trading and GM not until November 29. GM trading PPL are basically day trading it knowing that hedge funds have their hands on it and will keep it above it's IPO price if it falls the heavy investors would be pretty upset to invest in GM and the price falls below that IPO price substantially. Looking so far at GM trading price it isn't going to do well, as it hardly even broke 34.00 the first day of trading and on the second day of trading it stayed pretty much in the same range when all they hype was over. Just wait until GM gets to option trading that price is going to be very volatile more than Ford. I see GM as a flipping trade for now until they can prove their worth for anyone to really see it as a turn around story like Ford. I'd like to see how many investors bet it to fall and how many bet it to rise. Hedge funds play both sides of the fence so makes GM one scary stock to play in for at least 3-6 months to see if it stabilizes at all. JMHO