GM
General Motors Company
stock NYSE

Add F, GM, and SNDK and that should do it!

Is $GM a buy because of its work with Lockheed Martin

GM also used the bailout money to produce shitty ass cars which they sold back to…the people who’s tax dollars already paid to build their shitty ass cars

ugggh. Doubt you’ll read this but here’s why I threw 20 grand today at market open… from my reply on another thread:
“This one caught my eye earlier this afternoon because I saw a 200k Yolo post on it. I had no idea of a potential short squeeze and that has me more skeptical than hopeful. I am entering on Monday and I will give you the gist of why.
I just looked at the 5 year chart and the story is there - they screwed the pooch with their EV fleet, Used car market cooled off, depreciation increased, and their balance sheet went to shit. Seems like wall street had this pegged (nice) for bankruptcy. But I still see them at every airport I went to for the last 2 years. A simple napkin math exercise - If I get in at 2.50 and it reclaims a third of what it dropped over the last 5 years, thats 5x... at this price that is enough asymmetric risk to reward for me
I simply asked ChatGPT to find out how many locations have closed in the last 2 years, how much of that as a percentage of how many locations they had 2 years ago (11.5%) and whether or not there is a story behind the numbers (I.E. airport locations are unscathed but stand alone locations are getting annihilated). I personally don't think 11.5% of locations closing is indicative of "Catastrophic Failure". So did some more prompts.
One thing that really catches my attention is them appointing a new CEO in April 2024. Admitting defeat and hiring the former COO of Delta Airlines and GM's autonomous driving company. I don't think you would leave that cushy spot and risk your professional reputation if you didn't think you could turn a company around - that is not data at all, 100% just my sentiment. This was not a singular hire, there has been significant leadership restructuring with it.
Credit Markets haven't shut them out either. They are not behaving like its destined for bankruptcy, although they are naturally taking advantage of their vulnerability and charging a premium.
Finally, ER are showing a legitimate financial turn around... Unless they are fudging numbers (sadly becoming more common nowadays) there is something substantial just in Revenue, EBITDA, and net income.
I was planning on buying and holding for a couple years anyway, with my own price target of 10 a share just based on some arbitrary aforementioned 1/3 of a rebound is 5x return.
The elephants in the room are leveraged debt, a still relatively weak balance sheet, and dilution risk. But if they can keep the numbers like this and avoid used car prices going to shit and further depreciation, I actually think this is a solid medium/long term hold.
Just some thoughts from a random internet stranger/semi shitty stock market participant 🤷‍♂️

BHARATCOAL: FIR filed against BCCL CMD, GM Safety, Project Officer & other officials in Chhatabad land-subsidence case

And after we, the taxpayers, bailed them out to the tune of 13.4 billion, GM thanked us by building crappy, unreliable vehicles. Screw GM

GM GM snooooo

No even if it does make them more productive. Because if that doesn’t translate to more money then they aren’t going to buy it.
An example, I asked GM for a new keyboard. It would’ve made me type faster and more efficient(I’m a programmer) it costed 15 dollars. They wouldn’t pay for it because it had no discernible value for the company.
They aren’t going to buy everyone a $2000 computer they have to replace in 3 years.

When I have an idea, I usually go to Tikr and kick the tires real quick. If it looks interesting I run it through my (55 point) checklist I use. The checklist has been crafted over several years. Tikr, my checklist, my spreadsheet are my main tools. I used to read Financial Times - I love it, think it's great but found myself reading too much. Now, most of my ideas start in the wild and I find them through research. For example, GE Vernonva I initially came across by accident when recharging my car at a GM Energy charger...I mixed them up but then realized GE was Godfather of electric and we were on the forefront of an energy revolution, I loaded up. Another example, Newmarket Coproration - I came across this name when there was a ltihium battery fire in California...I was interested in learning about what caused it, lithium, who owns lithium in the US, etc  Newmarket was initially a part of Albemarle, who we now think of for lithium...Albermarle was founded in the 1800's and originially was a paper plant. I realized Newmarket made ammonium perchlorate and was adding plant capacity after their acquisition....if you just made an acquisitiion and are increasing plant capacity by 50% wihtin months, you must feel strongly about the business. Also their speciality chem biz is higher margin and I think is about to go off. I run names through my checklist on chatgpt or claude now to save time. Read and read. Have a curious mind.

It’s a little different than me and you trying to pay our Chevy off with GM financial.

I also play D&D through it, by using it as a GM and make it allow me to cheat in the game when I want power spikes while having absolutely no such skill or justification in my character sheet.

Next is to allow Chinese set up car factories in the US. Operated as Ford or GM same way as making and selling appliances as General Electric.

> Too little too late. Die gesamte deutsche Autoindustrie hat ein Problem Entscheidungen zu treffen und im Notfall subventioniert
Wie immer die Gegenfrage: welche Hersteller stehen besser als die Deutschen da?
Stellantis ist ein Sammelsurium aus Schrottmarken, Toyota müsste bei dir mit Blick auf die BEV einen Nervenzusammenbruch verursachen, Hyundai sieht nicht besser aus, GM/Ford kann man eh vergessen, Tesla hat den Vorsprung als Early Mover komplett gegen die Wand gefahren. Die Chinesen können sich ihre Kampfpreise nur durch starke Subventionen leisten.
Der **gesamte** Automobilmarkt ist am Abkacken, da kommen trotz der Einbußen die deutschen Hersteller tatsächlich **im Vergleich** noch "gut" weg.
>(ist natürlich eine Marketing Metrik aber es zeigt was das Problem ist).
Dass man bei BMW es nicht nötig hat, irgendwelchen Marketingkram rauszuhauen?

GM to Ford

GM Mrs. London! Wish you a great start into the new week ✅🙌🫡

GM and here we go!