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 Re: Opel vs GM
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Joined: Feb 2011
Posts: 2,146
Oil Expert
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Oil Expert
Joined: Feb 2011
Posts: 2,146 |
Quote:
Not sure how a corporation that has lost half it's value in three years is a good investment. They have lost 2% of market share over the last year, 20% to 18%. This with huge gov fleet buys and cash grants to police depts to buy new GM cars. This bailout might have been over sold, GM is betting on the new Malibu, if that isn't a home run, from every analysis I've read GM will have to be bailed out again with in next three years. Let's pray!
Well, the same sort of thing was going on with Ford when the other companies took out their loans and most 'experts' said to stay away. I did pretty well with them.
Let's just keep an eye on them over the next five years (that's the window I prefer). I'm going with them.
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