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boredhousewife

11/14/10 3:07 PM

#4615 RE: Seminole Red #4614

Ford worth every penny. GM IPO just screwed themselves. Retail investors I am hoping are not dumb enough to go into the racks of this IPO when it will go down after wards unless they are looking for the quick pop and just go for that day that is about it. Hedge funds will make it difficult for sure and just drive the price up for the chase and then crash it any poor retail investor still holding will be screwed right after the IPO when GM split the common shares for trading on the NYSE and TSX. Ford will hold it's own on a pop probably the same day GM IPO released and build before the release. I am looking forward to this week to see what investors will do with the news of China, Eurozone, G20 after math and other of course data released weekly and up and coming BUSH TAXES whether they cut it or keep it. Most likely will keep because they don't really have a choice but either water down the BUSH TAX cuts on a compromise. This should be an interesting week. JMHO

http://247wallst.com/2010/11/12/the-good-the-bad-and-the-irrelevant-no-gm-shares-for-the-masses/

http://ca.news.finance.yahoo.com/s/14112010/6/finance-saic-gm-stake-china-approves-source.html