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Detroit, 6:54 AM
Wed Dec 2
30 posts in the last 24 hours

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    NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement

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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of Mr.choppers - Delenda Carthago Est Mr.choppers - Delenda Carthago Est
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    Selling Hummer... let's see, your company is failing so you want to sell off your weakest brands and operations? Oh yeah, I'll give you ten billion for that.


    Are they actually asking for real money for Hummer? I seem to remember the price of MG Rover being 1 pound, with cash thrown in.

     Reply
    Mr.choppers - Delenda Carthago Est was starred Mr.choppers - Delenda Carthago Est was unstarred
    Image of WheatKing WheatKing
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    Wonder if Wagner is gonna get his performance bonus along side the normal bonuses he gets..??


    "Congrats, we're still in business this quarter.. he's another 300 million for your efforts!"

     Reply
    WheatKing was starred WheatKing was unstarred
    Image of WheatKing WheatKing
    11/07/08

    @WheatKing: er heres
     Reply
    WheatKing was starred WheatKing was unstarred
    Image of Cognitive Friction Cognitive Friction
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    I will trade GM Reading Railroad, the Baltic & Mediterranean avenue pair, and the $10 I won in that beauty contest for Hummer
     Reply
    Cognitive Friction was starred Cognitive Friction was unstarred
    Image of Deartháir II Deartháir II
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    My big concern is that GM is being so arrogant about this. They have the "too big to fail" mentality I've seen so much of on Wall Street lately. "Well, we don't need to worry about doing a good job, the government will just prop us up so we don't take the whole rest of the economy down with us." So you get billions from the taxpayers. Then what? Are you going to start making cars that you can, I don't know, sell?


    No? Okay, FOAD then.

     Reply
    Deartháir II was starred Deartháir II was unstarred
    Image of jduffy13 jduffy13
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    As my friend likes to call GM, "Generic Metal" made their bed so let them sleep in it.


    Stupid people get what they deserve and they were dumber than a bag of hammers.


    Even the good companies like Toyota and Honda are taking it in the teeth but they're much better prepared for the future and the present.


    I feel no pity for poorly run companies.

     Reply
    jduffy13 was starred jduffy13 was unstarred
    Image of DonSchenck DonSchenck
    11/07/08

    @jduffy13: I'm impressed with your compassion. While the upper management might not deserve pity, what about the rank and file? Have a heart, man.
     Reply
    DonSchenck was starred DonSchenck was unstarred
    Image of danio3834 danio3834
    11/07/08

    @DonSchenck: Out of touch.
     Reply
    danio3834 was starred danio3834 was unstarred
    Image of Mr.choppers - Delenda Carthago Est Mr.choppers - Delenda Carthago Est
    11/07/08

    @danio3834: Ah, free market at it's finest. I guess picking a company to work for can be almost as risky as playing in the stock market?
     Reply
    Mr.choppers - Delenda Carthago Est was starred Mr.choppers - Delenda Carthago Est was unstarred
    Image of Graverobber Graverobber
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    Sister GM

    Oh the time has come

    And you know that you're the only one

    To say O.K.

    Where you going

    What you looking for

    You know those lenders

    Don't want to play no more with you

    It's true


    You're not motoring

    What's your price for flight

    In finding mister right

    You'll be closing down tonight


    Babe you know

    You grew up too fast

    And shareholder's worrying

    That you won't last

    To say - let's play


    Sister GM

    There's so much in life - Don't you give it up

    Before your time is due

    It's true

    It's true - yeah


    Not Motoring

    What's your price for flight

    You''re books are quite a sight

    What happened to your might


    Not Motoring

    What's your price for flight

    In finding mister right

    You'll be closing down tonight


    Sister GM

    Oh the time has come

    And you know that you're the only one

    To say O.K.

    But you're not motoring

    You're not motoring . . .

     Reply
    Graverobber was starred Graverobber was unstarred
    Image of DonSchenck DonSchenck
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    We like to joke, but to the tens (hundreds?) of thousands who would lose their jobs, this isn't funny.


    It's bad. Real bad. No one is safe.

     Reply
    DonSchenck was starred DonSchenck was unstarred
    Image of WheatKing WheatKing
    11/07/08

    @DonSchenck: 1 auto job = 6 non-auto jobs directly employed by that 1 job.


    GM going under will directly put close to 500,000 out of work.


    No laughing matter. Everyone will be affected.

     Reply
    WheatKing was starred WheatKing was unstarred
    Image of Timtoolman, sporadically speaking Timtoolman, sporadically speaking
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    At this rate, NASCAR will be fielding nothing but Toyotas...
     Reply
    Timtoolman, sporadically speaking was starred Timtoolman, sporadically speaking was unstarred
    Image of Braff Braff
    11/07/08

    @timtoolman: i dont know about that...


    Shares of Toyota plunged as much as 13 percent on Friday after the carmaker warned that its profits this year would hit a 13-year low amid the global economic downturn.


    I think NASCAR will soon be all Hyundai Genesisssiesis

     Reply
    Braff was starred Braff was unstarred
    Image of Timtoolman, sporadically speaking Timtoolman, sporadically speaking
    11/07/08

    @Braffnanigans: Just how many esses are necesssssary? :)
     Reply
    Timtoolman, sporadically speaking was starred Timtoolman, sporadically speaking was unstarred
    Image of Braff Braff
    11/07/08

    @timtoolman: that is the plural form
     Reply
    Braff was starred Braff was unstarred
    Image of SeanKHotay SeanKHotay
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    Fritz is no longer the CFO?


    I know he's now President, didn't know about the COO change.


    Ray Young is apparently now CFO (& ExVP, err, Executive VP...)

     Reply
    SeanKHotay was starred SeanKHotay was unstarred
    Image of SeanKHotay SeanKHotay
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    Sign on to listen to the webcast....
    ...here: [www.wxyz.com]
     Reply
    SeanKHotay was starred SeanKHotay was unstarred
    Image of SeanKHotay SeanKHotay
    11/07/08

    @SeanKHotay: Webcast at 12:15PM EST, apparently...
     Reply
    SeanKHotay was starred SeanKHotay was unstarred
    Image of Ash78, tryptophanatic Ash78, tryptophanatic
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    A loss of $7.35 a share, excluding special items. That's up from the loss $1.6 billion or $2.86 a share for the same time last year.


    Hopefully this wasn't from hosting all the traffic for people watching trainwreck on their site. Maybe they could set up a Paypal donation link.

     Reply
    Ash78, tryptophanatic was starred Ash78, tryptophanatic was unstarred
    Image of WheatKing WheatKing
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    GM isn't buying anything..


    1100 Lordstown workers laidoff indefinetly today as well.


    Stock took a massive hit as well..

     Reply
    WheatKing was starred WheatKing was unstarred
    Image of Timtoolman, sporadically speaking Timtoolman, sporadically speaking
    11/07/08

    @WheatKing: Where is Lordstown?
     Reply
    Timtoolman, sporadically speaking was starred Timtoolman, sporadically speaking was unstarred
    Image of WheatKing WheatKing
    11/07/08

    @timtoolman: Ohio..
     Reply
    WheatKing was starred WheatKing was unstarred
    Image of BЯдΖǐL-ЯЄРΘЯΤЄЯ BЯдΖǐL-ЯЄРΘЯΤЄЯ
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    GM anouncing the Great Mashup..
    (Chrysus out of business)
     Reply
    BЯдΖǐL-ЯЄРΘЯΤЄЯ was starred BЯдΖǐL-ЯЄРΘЯΤЄЯ was unstarred
    Image of Ash78, tryptophanatic Ash78, tryptophanatic
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    I bet they're switching to fake flowers for the company Christmas Party. Just you wait.
     Reply
    Ash78, tryptophanatic was starred Ash78, tryptophanatic was unstarred
    Image of layabout layabout
    11/07/08

    @Ash78: Flowers? Wouldn't a wreath be more appropriate?
     Reply
    layabout was starred layabout was unstarred
    Image of MazdaSpeedy MazdaSpeedy
    11/07/08

    @Ash78: That's fake flowers for the funeral....not the Christmas party.
     Reply
    MazdaSpeedy was starred MazdaSpeedy was unstarred
    Image of Ash78, tryptophanatic Ash78, tryptophanatic
    11/07/08

    STFU, guys, the "It won't be a Christmas Party" announcement was slated for early next month! Baby steps.
     Reply
    Ash78, tryptophanatic was starred Ash78, tryptophanatic was unstarred
    Image of WheatKing WheatKing
    11/07/08

    @Ash78: Silly americans skipping thanksgiving in their rush up to Christmas..


    The "Donate to the food bank for Thanksgiving" is the announcement for the "So you can eat in December" result.


    Kinda gives a whole new meaning for "racing for pinks(lips)" Not sure that's a race I'd want to win.

     Reply
    WheatKing was starred WheatKing was unstarred
    Image of theallpowerfulme (living waters church of subaru; elder) theallpowerfulme (living waters church of subaru; elder)
    11/07/08

    In reply to NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement
    I dont know how they can keep this up
     Reply
    theallpowerfulme (living waters church of subaru; elder) was starred theallpowerfulme (living waters church of subaru; elder) was unstarred
    Image of WheatKing WheatKing
    11/07/08

    @theallpowerfulme: considering their cash position dropped from 21 billion to 16 billion, and supposedly they need 11~14 billion to operate..


    I know how.. I just suspect that it's gonna be a nasty christmas for a lot of GM employees.

     Reply
    WheatKing was starred WheatKing was unstarred
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