Replies to post #16112 on The New CS Board

[rotor1]

More CNN presstitute cobblers

It's all an accounting trick. According to this there are only 815,492 cars sitting in dealers lots, all looking for subprime buyers. One thing about Channel Stuffing it does bring future demand? into the here and now. Good luck with the void this creates later. Not sure anyone in their right mind would be buying a state subsidised vehicle anyway. Equates to paying twice.

http://www.zerohedge.com/news/2014-04-01/gm-unleashes-hft-volume-bomb-reports-new-record-channel-stuffing-high

[YellowBull]

Remember BP? Eventually all negative news that doesn't bankrupt a company goes away and in hindsight those are times to buy. I did buy GM and if it slides more will just add to my position. The current situation will have little impact on GM financially in the long run.