what about UBS , C , & GM

RobSmith answered 4 months ago …

Sell, sell and sell.

Financial services, while beaten down, is still too tough to call. It would be pure speculation as to whether or not their stocks are undervalued. I can't make heads or tails out of their balance sheets anymore so it's impossible to tell how much risk they're really carrying. All I know is, much of the housing crisis isn't over yet so who knows how much more these stocks have to fall.

And as for GM...fuel is going up, raw material prices are going up, cars are getting more expensive to buy and maintain. They're in an impossible situation short term,I'd stay away from all of these stocks.