How I Plan to Trade My Depressed GM Stock [View article]
I sell advertising to franchise stores in the midwest and FL and I have seen business deteriorate to the point that i am concerned that any of the domestics can survive, period. For example, last week i spoke with a finance manger at a Dodge store in Cleveland. He told me in May Dodge sold 24,000 units in the region and they had a goal of 20,000 units for June...as of the 19th, only 4,200 units were put over the curb. Last month, around the 10th, i was speaking with a used car manager at a big Chevy store in Tampa. He told me that in the past, the #1 Chevy store for sales nationwide would have delivered around 300-350 units by that time but now the #1 store had a mere 64 units out.
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How I Plan to Trade My Depressed GM Stock [View article]