New GM Stock Value Jumps In Early Trading

HA This is for all the nay Sayers and southern republicans against the bridge loans!

lets see how the stock holds up after a week.

The trend we often see with IPOs is:
1) Pre-IPO hype
2) IPO-day stock value increase
2) Post-IPO stock value crash, below the opening price of the IPO.

This is not specific to GM. As at 1:15 pm EST, the stock had backed off its $36 opening bell spike, and already trending *downwards* for the day to $34.90 (+$1.90, or 5.76%). Lets come back in a week, and then again in a month, and see where we're at.

In *my* mind, as well as in those of analysts, it is unlikely the US Government (AKA The Tax-Payers) will ever break even in their pre-IPO "investment" of several hundred million shares of GM stock at waaaay above market value.

yeah... remember Tesla's IPO? remember how it tumbled afterwards?
At least Tesla is like eBay and Amazon - they will be constantly funded by confident investors. I doubt GM will ever be in that situation any time soon.

Yes-I think it can be proven that investing in US manufactoring is the right thing to do. Further it validates that Obama was right to bail both GM and Chrysler out. Unlike a lot of banks that are just sitting on money refusing to lend, these auto companies have come out with nice competative products. They are both led by people who are not part of the old style car culture that got GM into trouble in the first place. And Chrysler is being led by a guy interested in responsible stewardship rather then an investment firm just interested in a quick buck or a high end car company that ultimately could not understand the lower end market.Whats funny is that by rehabilitating Chrysler Fiat in the long run may be the one that ends up itself being rehabilitated.

"You said, “Folks, of all the cars, no offense, General Motors, please, but of all the cars in the world, the Chevrolet Volt is the Car of the Year? Motor Trend magazine, that’s the end of them. How in the world do they have any credibility? Not one has been sold. The Volt is the Car of the Year.”

So, Mr. Limbaugh; you didn’t enjoy your drive of our 2011 Car of the Year, the Chevrolet Volt? Assuming you’ve been anywhere near the biggest automotive technological breakthrough since … I don’t know, maybe the self-starter, could you even find your way to the front seat? Or are you happy attacking a car that you’ve never even seen in person?

Last time you ranted about the Volt, you got confused about the “range,” and said on the air that the car could be driven no more than 40 miles at a time, period. At least you stayed away from that issue this time, but you continue to attack it as the car only a tree hugging, Obama-supporting Government Motors customer would want. As radio loudmouths like you would note, none of those potential customers were to be found after November 2.

Back to us for a moment, our credibility, Mr. Limbaugh, comes from actually driving and testing the car, and understanding its advanced technology. It comes from driving and testing virtually every new car sold, and from doing this once a year with all the all-new or significantly improved models all at the same time. We test, make judgments and write about things we understand.

Chevrolet has not sold one Volt because it’s not on sale yet. It will not sell 10,000 this first model year (although GE plans to buy truckloads for its fleet), because it takes time to ramp up production. See, Rush, because we’re the World’s Automotive Authority, we get access to many cars before they go on sale.

Rush to Judgment imageBut, harrumph. In its attempt to force cars that don’t use much gas on us — how un-American/un-ExxonMobil/un-Halliburton is that? — the Obama administration is offering a $7,500 tax credit on the Chevy Volt, grabbing tax breaks and credits right out of the deserving, job-creating pockets of America’s richest individuals. How dare he?

This is another of your distortions, Rush, repeated by the otherwise more level-headed George Will in The Washington Post last Sunday. The $7,500 Obama tax credit is an expansion of President Bush’s hybrid credits from the last decade. The Obama tax credit extends to the new Nissan Leaf, too, but if you or Will slammed that car, I’ve not heard or read it. I’d be surprised if you did, though, as Nissan is building the Leaf in a non-union factory in a right-to-work state represented by two Republican senators. A factory located there because Tennessee offered Nissan big tax credits. Maybe you’re worried that if the $7,500 tax credit works, too many people will buy the Volt, and that could reduce the need for oil drilling tax credits?

GM designed the Chevy Volt after its failed experiment with the EV1, which was its attempt t

Once the Federal Reserve (a private company) starts to print money the worlds economy crashes, and lets hope we stop dealing with cheap products from China and keep jobs in north America, Mexico also produces inferior quality so I would keep away from them too.

they have already been printing money for a number of years now...

I am referring to the bail out $$. Clearly they print money,lol
here is a very interesting site, http://www.healthfreedom.info/Federal_Reserve_Fraud.htm

Kennedy was killed because he wanted 100% control over the Fed, it does have some Gov. control, but who says that the US gov is not corrupt? It is a very complicated company that many people including myself don't completely understand, but I trust the late presidents JFK and four other Presidents that were killed for opposing the privately run Fed.

Just wait until the first (of many) Volt recalls.

Then the GM stock price will slam into the ground, Toyota will be off of the top of the sh$tlist, and the world will be back to normal.

All of this wishful failure is inconceivable why do Americans have a "hate American" Ideology? If you truly cared about the so called tax money you would want GM to succeed but know one here is happy and ready to get their money back i see or maybe it really was not about the tax money in the first place. Americans be happy that an American company is headed in the right direction and providing jobs and opportunity in a time when OUR country needs it most.