Tag: general motors
TFN eNews 08/12/2009: Best copper and timber pennystocks right now?
Published on August 12, 2009
In today’s TFN eNews:
* Bullish on Chinese pharma
* The short-term curse of long-term promise
* Best copper and timber pennies?
Dear TFN Reader,
There are times in which medium-term benefits outweigh short-term needs.
For General Motors (NYSE:GRM) this really wasn’t one of those moments. Yesterday, it went public claiming that the electric Chevrolet Volt could get [...]
Three winners from Cash for Clunkers
Published on August 3, 2009
Cash for Clunkers is driving up sales. Ford (NYSE:F) proves it doesn’t need the government, but some free money is always nice. Who else is profiting from Washington’s handouts?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): How would you like to have been the guy that bought shares of Ford (NYSE:F) when they dipped to a 27-year [...]
Detroit bankruptcies: Uncle Sam gets ready to fight
Published on May 21, 2009
Obama promised a quick run through the courts for Chrysler. Just like a few of his other promises, it looks like the notion is flat-out impossible. The battle is just getting started.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Do you think the Obama administration ever sits back and thinks, “Damn, the dissenters were right again”?
First [...]
What’s it gonna take to get Uncle Sam in this car today?
Published on April 28, 2009
Uncle Sam may be getting himself into far more than he realizes. Instead of running a government, now he’s got a handful of banks, an insurance company and an auto industry.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I can imagine the advertisements already. “Come on down to the Cinco de Mayo sale at Uncle Sam [...]
Government Motors: Obama’s latest mistake
Published on April 14, 2009
News of a quick and tactical bankruptcy made sense. But now that Uncle Sam wants an ownership stake in General Motors (NYSE:GM), I cannot help but think we have turned down a dangerous path.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It has been a while since I ranted about the situation in Detroit. For the most [...]
The REAL reason for General Motors (GM) stock drop today
Published on April 7, 2009
Was the reason behind GM’s drop today really revived talk of a bankruptcy filing? Or was it a ridiculous new car concept?
by J. Christoph Amberger
Baltimore—TFN: Shares of General Motors (NYSE:GM) plummeted over 13% today. Newswires quoted a source that implied “the automaker was in ‘intense’ and ‘earnest’ preparations for a possible bankruptcy filing.”
You could’ve knocked [...]
Perfect time to dive into the options market
Published on March 30, 2009
It is going to be another big week on Wall Street. As Washington turns towards pessimism, investors are bailing out of the equities market. It is the perfect time to jump into the options market.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Just like that, the rally ends. After several weeks of up-beat sentiment from the [...]
Forget the UAW, the average American should be on strike
Published on March 17, 2009
They act like they are fighting for our best interest. But when it comes to Washington politics, facts are an obstacle to re-election. Do not expect the truth to get in the way of General Motors getting its cash.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): There are just two weeks left until Detroit’s next crucial deadline. [...]
Small-cap investors welcome General Motors to their realm
Published on March 6, 2009
One of the nation’s strongest manufacturers has just slipped below the billion-dollar valuation level. That’s right, General Motors (NYSE:GM) is now considered a small cap. What’s next? How about Citigroup (NYSE:C) entering the world of penny stocks?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): What a revolutionary time to be an investor. For decades, General Motors (NYSE:GM) [...]
Don’t cry for GM, it’s already dead
Published on March 5, 2009
General Motors (NYSE:GM) is plunging today on the news its auditors say the company’s chances of success are minimal. Now it is up to Obama and his team to admit the same.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I cannot wait to see how the Obama administration reacts to this news. Politically, it makes sense to [...]
Take notes: This week’s trading strategy
Published on February 2, 2009
We can pray for hope and change all we want, but unless we fire our elected officials we are never going to get it. The only way to expect profits from this economic mess is to bet against our leaders. It has worked flawlessly in the past.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It has [...]
Detroit is doing what it does best… lying and losing money
Published on January 29, 2009
The Big Three have shown no signs of improvement, but they sure are pumping out press releases. Need proof of impending doom? Just look at Ford’s (NYSE:F) horrific quarterly report.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It is business as usual for the Big Three. Instead of working on true improvements to an obviously broken [...]
Houses going for a dime a dozen
Published on January 26, 2009
The markets managed to stay in positive territory for the day, but why they were there is beyond me. The unemployment lines are growing by the mile, the real estate market is slumping and our government is buying our votes. Fortunately, there will eventually be some light at the end of this tunnel.
By Andrew [...]
Hey Detroit… the check’s in the mail
Published on January 21, 2009
Obama has barely warmed up his seat in the Oval Office and Detroit is already knocking on his door. Chrysler and General Motors (NYSE:GM) have already ran through much of the first round of cash we gave them, now they are coming back for seconds. But this time, they tell us even more is on [...]
Is Harley Davidson riding off into the sunset?
Published on January 13, 2009
The financial situation is bleak. But at least some consumers can justify buying new cars. Imagine the situation at Harley Davidson (NYSE:HOG), the manufacturer of the ultimate discretionary item.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): If I were a General Motors (NYSE:GM) dealer, I would be holding onto every penny I have and praying it [...]
Why won’t they just go away
Published on January 13, 2009
If you thought the problems in Detroit ended when Congress cut a check, you had better think again. We are entering the next chapter of an epic saga.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): When Congress sent General Motors (NYSE:GM) its first “bailout” check worth $4 billion earlier this month, few folks thought it would [...]
The best index to watch in 2009
Published on January 9, 2009
Nasdaq has given investors the transparency the Treasury refused. The creation of the Government Relief Index allows investors to track all of Uncle Sam’s biggest bailouts. So far, you should be disapointed.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The federal government is giving away trillions in taxpayer dollars. Every night, the evening news runs stories [...]
For General Motors, the news keeps getting worse
Published on December 22, 2008
Many Big Three investors thought the worst was behind them. Unfortunately, they are starting the week off on even more bad news. It turns out, if the government gets its way, they may lose their shirt after all.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The manic-depressive trading activity continues to cause nauseating headaches for the investors [...]
The news for Detroit is not all that bad
Published on December 12, 2008
Some investors are in a panic this morning as news that the Senate shot down the notion of a Detroit bailout. While they are panicking, I am celebrating the return to normalcy. Finally, a dollar is a dollar.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): And here I thought I had a bad night. On the East Coast, we [...]
Reader questions: Dealing with cash
Published on December 9, 2008
Smart investors are asking lots of questions. Before putting their money on the line, they want to know all they can about a company. I love this reader’s question about cash reserves.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): In times like these it pays to be an intuitive and astute investor. Instead of holding your nose [...]