GM

Any news that's better then expected is good news.

If a company was supposed to lose $1 / share and they report a $0.50 loss, that's a GREAT loss.
 
the bad news was, sales were down for april.

the good news was april had 2 less sales days and if you assume that on the 2 less sales days gm sold a record amount of vehicles and didnt give any of the incentives offered and the ficticious customers payed 50% more than sticker price (in non US denominated dollars) - GM's sales were only down 2%. hence the rally...

don't you guys know anything??/??
 
Quote from BSAM:

Anyone got any news on GM? Big pop around 1330 for some reason.
Yes, the long rumored merger with Ford is finally coming off. ESL has its fingerprints all over this, it's their MO to a T!

You heard it here first,

Dr. Lizardo
 
Back
Top