Seeking Alpha

General Motors (GM +2.4%) shares look strong today on a flurry of bullish analyst coverage, but...

General Motors (GM +2.4%) shares look strong today on a flurry of bullish analyst coverage, but GM could be hurt by Beijing's decree that it will limit the number of new license plates next year to ease traffic congestion. Dian Chu says the move could spread to other large Chinese cities and cause "a huge blow to the auto industry."
Comments (4)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
    This is a pump and dump from the Wall Street boys that got to sell the issue....GM is still a loser...and yes China is cutting back...where GM sells more cars than theh USA...
    28 Dec 2010, 03:18 PM Reply Like
  • alan.greenscam
    , contributor
    Comments (353) | Send Message
    It certainly is.... never got the action they thought they would on that over priced IPO so let's get all the majors to pump it up.......
    "overweight", it's overweight all right, in debt & still building cars to "FAIL", wouldn't touch this lemon if they gave me a new cadillac....
    28 Dec 2010, 03:37 PM Reply Like
  • Joe Morgan
    , contributor
    Comments (1500) | Send Message
    GM is disgrace of capitalism....they screwed the taxpayers, bondholders and stockholders.....


    The administration should had let GM fail......
    28 Dec 2010, 03:39 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3529) | Send Message
    "The administration should had let GM fail......"


    The administration is GM (Government Motors).
    28 Dec 2010, 04:49 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: