General Motors (GM) gets a 2% boost as David Einhorn calls it an "ugly duckling" that has a...


General Motors (GM) gets a 2% boost as David Einhorn calls it an "ugly duckling" that has a cheap valuation and has seriously cut costs. Earlier, GM reported a 1.5% boost to sales.
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  • kommando
    , contributor
    Comments (35) | Send Message
     
    He got the ugly part right.

     

    As far as being cheaply valued...well, there are a lot of companies
    that are cheaply valued - and most all of them deserve the low valuation based on diminished expectations of future profitability/viability.
    2 Oct 2012, 12:07 PM Reply Like
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