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#29 | |
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Rawr!
Drives: Giulia Quadrifoglio, C8 Stingray Join Date: Sep 2013
Location: New Orleans, LA
Posts: 351
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Anyway, GM stock might actually be a buy. Intrinsic value at $34.48 (worst case scenario) Gross margins at 12.89% near all time highs, with Price/Book at 0.82 (below historical averages) Price/Sales 0.36 (also super low/undervalued) The only worry I see is the risk premium is at 0.59, so the company has no margin of safety compared to a 10 year bond. You can probably buy GM stock now, then sell it when P/B goes up above 1.24, use those profits to buy/finance a Camaro, Vette, or whatever you want. Or if you're short term, sell cash covered puts on GM stock for profit. I'm looking at $36 put expiring Jan 20th. That's a 15% yearly ROI rate if kept up for a year.
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Current:
2023 Red Mist Corvette Stingray 2LT 2021 Trofeo White Alfa Romeo Giulia Quadrifoglio Retired: 2018 Garnet Red Camaro 2SS 2014 Crystal Red Camaro RS |
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#30 | |
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Pills are for Pansies
Drives: 2023 2SS Red Hot Vert Camaro Join Date: Jul 2008
Location: Citrus Springs FL
Posts: 1,296
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#31 | |
![]() Drives: 2022 1SS Rapid Blue, 6 speed manual Join Date: Feb 2022
Location: Wisconsin
Posts: 42
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#32 |
![]() Drives: ZLE/DEMON/GLADIATOR/GSXR1000R/ZX10R Join Date: Aug 2022
Location: New York
Posts: 442
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LT1 LT4 shortage??
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2018 Dodge Demon #1399 2020 Jeep Gladiator Rubicon 6 speed manual 2023 ZL1 1LE 6 speed manual ************************* 2018 Suzuki GSXR 1000R 2021 Kawasaki ZX10R |
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#33 |
![]() Drives: 21 Gladiator Mojave Join Date: Apr 2022
Location: MA
Posts: 53
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Everyone would be better off if they paid lethal garage the attention that they deserve…which is less than zero.
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#34 | |
![]() ![]() Drives: 2023 Sharkskin 2SS Join Date: Oct 2022
Location: NWFL
Posts: 760
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same goes for this guy.... |
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