Trading Obama: Solar Stocks, GM Debt, Ambac Calls, Lorillard and Goldman Puts [View article]
GM is not remotely close to being "America's biggest industrial enterprise." It is dwarfed by GE, for instance, on assets, market cap, or any other measure.
Forward PE's are nearly meaningless at the moment. Pay attention. If forward PE's were accurate, the market would be where it was 3 month ago.
Trading Obama: Solar Stocks, GM Debt, Ambac Calls, Lorillard and Goldman Puts [View article]
Forward PE's are nearly meaningless at the moment. Pay attention. If forward PE's were accurate, the market would be where it was 3 month ago.