WHY GM will blow up...

If GM bounces this week, I will be adding more 6jan20 puts...it will trade over 3x avg. daily volume today...the institutions are losing confidence.
 
I do not know how much GM is paying their grease monkeys, but its bankrupt spinoff Delphi - $65/hr...

The only way the GM stock price can get out of a death spiral is for the UAW to become reasonable. They will not. Instead, the greedy bastards will bleed GM dry, and dump its pension and healthcare liabilities onto taxpayers' laps.
 
Quote from Babak:

I agree. I think the China opportunity is under the radar of most people. The market there is astronomical and it is growing more than anyone ever thought possible. GM has a very nice chunk of it. Their future is in China.
More...

is this not the arguement for coke in a small way. if everybody in china on average would buy 1 more coke, coca cola would make....

is this the end of GM as a market indicator?
 
This idea my sound a little funny at first but hear me out. One of the problems that GM has is that they employ a lot of people that they don't need anymore but can't fire. So why can't they have them do something other than make cars? There is no way that the union contract says "must be employed to make automobiles". Any sort of positive return on all the un-used labour would help pay for pensions.
(Screw Ichan short the stock)
 
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