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08-02-2010, 01:20 PM
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#1 |
   
Drives: 2011 2SS/RS A6, IOM Join Date: May 2009
Location: West Los Angeles
Posts: 1,236
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Anyone buying GM Stock in IPO?
IPO coming soon. Any investor interest here?
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08-02-2010, 01:23 PM
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#2 |
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Whipped
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I always thought about buying stock, but never have. . . Don't even know where to start.
Wish I would have bought stock in. 1. Gold in the '90 2. Ford 2-3 years ago.
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08-02-2010, 01:28 PM
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#3 |
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General Motors Aficionado
Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008
Location: Florida
Posts: 37,371
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Quite possibly. Still kicking myself for not buying shares in Ford last year.
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 2023 GMC Canyon Elevation 2020 Chevrolet Colorado W/T Extended Cab (State-issued) |
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08-02-2010, 04:05 PM
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#4 | |
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I used to be Dragoneye...
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Quote:
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"Keep the faith." - Fbodfather
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08-02-2010, 04:45 PM
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Moderator.ca
Drives: 05 Grand Am GT Join Date: Jul 2007
Location: Niagara, Canada
Posts: 25,372
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Quote:
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Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
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08-02-2010, 04:53 PM
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#6 | |
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The Mark of Excellence
Drives: 2010 ABM 1SS RS LS3 Join Date: Jan 2009
Location: Smallest State in the Union
Posts: 8,690
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Quote:
My broker advised against it.
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BMR, CAI, DynoMax, Elite Eng., Hurst, Jannetty, Clear Image Headers & Hi Flow cats, Jet Hot, LSR, TSW, VMax, Vredestein  |
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08-02-2010, 04:54 PM
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#7 |
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P90X
Drives: 2000 SLP SS VERT Join Date: Jul 2009
Location: Oklahoma
Posts: 773
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you can make more trading the futures market.
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2000 Camaro SS/SLP
P90X changed my life. Want to know more, PM me for more info on changing your life for the better |
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08-02-2010, 05:01 PM
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#8 |
 
Drives: 12 Boss 302 Join Date: Sep 2009
Location: Grand Rapids, Mi
Posts: 1,369
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IPO mid August to September I heard. Want to get it done before the elections. Too soon I would think, but politics is driving this one.
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The biggest mistakes in life come when you know exactly what you are doing.
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08-02-2010, 06:38 PM
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#9 |
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CAMARO FAN
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I'd love to, however Class C employees of publicly traded companies and their families are not allowed to participate in an IPO :(
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08-02-2010, 07:24 PM
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#10 |
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Yes. I have faith in the direction that GM is headed right now. I bought stock in Ford when the market was low back in jan of last year.
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08-02-2010, 07:29 PM
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#11 | |
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Moderator
Drives: 2018 Harley-Davidson Street Bob Join Date: Nov 2007
Location: San Diego
Posts: 14,769
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Quote:
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RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet//
Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban |
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08-02-2010, 07:52 PM
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#12 |
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Account Suspended
Drives: 2010 Camaro 2SS/RS Join Date: Apr 2008
Location: New York
Posts: 3,746
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We already own GM, why would we buy it from ourselves!?!??
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08-02-2010, 08:01 PM
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#13 |
   
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I'm in....
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Come see me at www.chicago5thgen.com TEAM LLT, , 2011 Covertible 1LT RS, JDM Color Shift Halo's, Showstopper Camaro Bowtie Led Mirrors, Side Markers and Engine Cover, Pace Setter Catback Exhaust, BK Coilover Kit, 21" Full Crome GM wheels, Tinted windows, I WIN BEARS Plate. Full amber ABL dash and door update with IOM interior panels.
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08-02-2010, 08:16 PM
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#14 | |
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Moderator.ca
Drives: 05 Grand Am GT Join Date: Jul 2007
Location: Niagara, Canada
Posts: 25,372
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Quote:
 To make some money off the stock would be a pretty good reason. Another would be to remove GM from the 'Government Motor' stigma. This may be a bit of a surprise to you, but some people believe that government ownership = government operation. And many of those who believe that, also doubt the ability of governments to operate things competently and efficiently. Besides, right now even though you are technically a partial owner of GM, you personally are not affected by the ownership. You won't get any dividends on the stock thats collectively owned, you don't get any shareholder votes, none of that stuff typically associated with owning stock in a company.
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Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
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