Replies to post #27604 on Options Wonderland

[OptionMonster]

I do not think so either..They are on the right path..When they start pounding out electric cars people will wish they bought this stock..Now how long will that be and how low it will go is the question

[samaelrocks]

What's ridiculous is that GM has been dropping for weeks now. Now that it was in the $12's yesterday, THEN they downgrade it so it drops another $2. By the time their readers/investors get done dumping, it will be at the bottom! LOL!

GM's not going anywhere as you said. Stock drop? Obviously. Bottom found? Probably by Tuesday next week and those same people that sold will be buying again.

I'd be impressed if Goldman put out the downgrade BEFORE GM started dropping between May and June:



All they did was tell folks to sell at the bottom.

[3xBuBu]

GM don't see any near term bottom,
if not bankrupt, 5 is not too far away
money is flowing away again




My posting is for my own entertainment, do your own DD before pushing your buy/call button