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View Poll Results: Start of buy-American cars movement?
Yes
25.93%
No
33.33%
To soon to tell
40.74%
Voters: 54. You may not vote on this poll

Is this the start of buy-American cars?

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Old 04-28-2011, 07:06 PM
  #81  
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Originally Posted by dlq04
US auto sales are doing good but investors are pulling in the reins and selling the stocks. General Motors, which was so hot when it came out in November that they had to issue more shares, is beaten down. Down 15 percent this year. Lately it’s trading about 3 to 4 dollars lower than its initial public offering price...
Isn't that he expected result for an IPO?
Old 04-29-2011, 03:31 AM
  #82  

 
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Generally an ipo will settle about 6 months after its offering.
Ford has done and continues to do quite well but on the other hand so are the Korean automakers.
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