Tag: NYSE:GM

 

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 [...]

Big gainer of the day? Surprise! It’s General Motors

Published on June 1, 2009

General Motors is finally where it belongs, in bankruptcy court. While the news may be bad for America’s storied manufacturing history, getting the pain over quickly and efficiently will ultimately benefit the American economy and all of its investors.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): They said it would destroy the economy and forever change the [...]

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. [...]

More salesmanship from the UAW

Published on March 11, 2009

Ford and the UAW are making headlines. Investors are getting excited about the new deal. But what is good for Ford may not be nearly enough for General Motors or Chrysler. Investors need to watch out for this public-relations inspired trap.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The headlines make it sound like a great [...]

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 [...]

Investments lost? Just follow Wall Street to Pennsylvania Avenue

Published on February 25, 2009

The action on Wall Street is nauseating. The more Washington acts, the more Wall Street drops. The folks with stomachs strong enough to keep them in the market are looking more like gamblers than investors. They are quickly realizing all roads lead to Washington.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The only thing keeping Wall [...]

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 [...]

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 [...]

Detroit bankruptcy: Be prepared buy on the news

Published on December 17, 2008

The odds of a Big Three bankruptcy filing are increasing by the minute. Be prepared to buy shares of suppliers like BorgWarner (NYSE:BW) and Tenneco (NYSE:TEN) on any news of an impending filing. It could turn out to be the best trade of your life.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I wonder how well the [...]