@Homer II Sorry, when I submitted the story there was a link to this story on Clusterstock: www.clusterstock.com/2...-
@Casey00001 The original title of the post was General Motors (GM) Runway: 350 Days. The point was that based on GM's performance in the last quarter they will struggle to survive another year. This back of the envelope calculation and the illustration of revenue, operating and share price performance was to highlight the poor performance of the company for an extended period of time. Based on the historic performance of the company it is difficult (in my opinion) to see GM turning things around irrespective of any restructuring or assistance.
Outlining GM's problems, actions and resolutions is not a trivial exercise and could easily be extended to a thesis. That was not the purpose of the post. I am sorry you didn't get anything out of the post and despite your suggestion I will not be putting my "pen" down.
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@Homer II
Nov 13 06:12 am
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All Comments by Sam Stewart »GM: Delaying the Inevitable [View article]
Sorry, when I submitted the story there was a link to this story on Clusterstock: www.clusterstock.com/2...-
@Casey00001
The original title of the post was General Motors (GM) Runway: 350 Days. The point was that based on GM's performance in the last quarter they will struggle to survive another year. This back of the envelope calculation and the illustration of revenue, operating and share price performance was to highlight the poor performance of the company for an extended period of time. Based on the historic performance of the company it is difficult (in my opinion) to see GM turning things around irrespective of any restructuring or assistance.
Outlining GM's problems, actions and resolutions is not a trivial exercise and could easily be extended to a thesis. That was not the purpose of the post. I am sorry you didn't get anything out of the post and despite your suggestion I will not be putting my "pen" down.