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fastlizzy

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fastlizzy

Re: BUBBA post# 9323

Wednesday, 08/24/2011 1:04:04 PM

Wednesday, August 24, 2011 1:04:04 PM

Post# of 11448
GM dirt cheap down here....

General Motors (GM) shares are trading at $21.65. These shares have a relative strength index of about 26, which indicates the shares are very oversold. GM is a leading automaker. The 50 day moving average is $28.22. Earnings estimates for GM are just over $4.27 per share in 2011 and $4.77 for 2012, so the P/E ratio is only about 5.

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