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do anyone think it is a good time to buy some gm stocks and why or why not??
Answers
195 points
Informer answered 7 months ago …
Definitely NOT! GM just announced that they probably won't be able to make their summer debt payment, the automakers (especially US ones) are ALL getting hurt right now, nobody is buying cars. And if I were going to gamble on an automaker I'd definitely go for a Japanese outfit, not an American company.
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3963 points
MNSL answered 7 months ago …
I think this is the time to sell auto, airlines stocks and hotel stocks and time to buy undervalued next rotating sectors.
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102 points
bjagdev answered 7 months ago …
If you have to ask the question, it implies you are trading equities without the research. Only you can make this call, asking a third party is tantamount to roullete! and if you pick me up on my spelling it implies your missing the point !.
Read more from bjagdev102 points
cxzv answered 7 months ago …
FUCK NO! gm is the worst stock right now.. maybe im some years time you could buy some gm stock.. but right now its a fat waste of money! undervalued stocks would be the best thing to buy right now.
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