Micah Dickson's  Instablog

Micah Dickson
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I am a passionate investor who is constantly trying to grow and expand my knowledge. I believe the financial markets are, not only fascinating, but vital to our economy and to the world. I have worked in the financial sector since 2005.
  • Why On Earth Are We Talking About The GM IPO?! 2 comments
    Nov 15, 2010 1:17 PM | about stocks: GM, F

    I just have a question: Why is anyone interested in the GM IPO? This IPO has been mired in political postering and corruption. Also this company has been reorganized in a way that gives the Unions more power. The same Unions that took advantage of spineless executives and drove the company into the ground. Even China is thinking about trying to get in on ownership. And I'm sure they have our best interest at heart. Just doesn't make sense.

    On the other hand we have Ford(NYSE:F). This company refused to take government money and has been doing amazing.

    I'm a conservative investor and the fact that they are focused like a laser beam on debt is music to my ears. Another thing Ford has done is make cars people love. I have yet to hear a complaint from Ford owners. I'm just really impressed with this company. Ford has positioned itself to be the leader of the American Auto Industry in the future.

    So in my opinion skip the GM and buy Ford(F).  I'm confident you'll use less advil and pepto.

    Disclosure: No positon

    Stocks: GM, F
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  • GOLFGOD1969
    , contributor
    Comments (6) | Send Message
    buying GM is absolutely a bad ipo idea! a govt. owned car company . thats like letting Obama be your financial advisor, not a great idea.
    15 Nov 2010, 07:55 PM Reply Like
  • jackp27
    , contributor
    Comments (6) | Send Message
    Keeping that share price steady beyond Q4's bad news might be difficult. Not to mention the impact of dilution through secondaries and inevitable management changes...could be a tough road ahead but it should defy gravity for a while. bit.ly/adx7Y4
    16 Nov 2010, 01:00 PM Reply Like
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