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GM

General Motors Company

$34.82

+$1.83
(+0.06%)
52 Week High:
$67.21
52 Week Low:
$30.65
About General Motors Company

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Sentiment:
49%
positive on Wallstreetbets (over 7 days)


Posts with Comments Mentioning GM
74
Total Posts on WallstreetBets mentioning GM (7 days)
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37
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Recent Comments

Tesla has sold 2 million in 6 years, of which 900k were last year and they are on track to deliver 1.4M this year. Yeah, Honda and others deliver more cars, but Tesla made more profit than GM while delivering 1/6th the number of cars in Q1. High margins and growth rate are why Tesla is valued so much more than legacy auto, who still struggle to even turn a profit on an EV. Of course, all of this doesn't mean that Tesla is currently fairly valued - it's share price is still very generous. But comparing it to the Honda numbers you picked and pretending they are "apples to apples" is totally disingenuous.
about 5 hours ago
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Bullish


Ford and GM
1 day ago
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Bullish


i made around 60% trading over the last 2 weeks. very simply done and i plan on continuing it. the base case is that the market will move sideways this year - exception being russia war ending which will drive a temporary hard pump up in stocks and crash in oil. so i hold some shorts by buying OILD - its very difficult to trade and super volatile, but somehow ive been able to time it. also i made a lot by buying calls on days the market gets really screwed, and i buy short etfs like TECS and FAZ and UVXY and a couple others when market goes up. i also bet on SOXS and SOXL. its very hard to buy opposite direction of a market, for example when a stock goes down 5% two days in a row its scary to buy it. so i just buy 2024 calls on it, and when it goes down 5% more the next day, i buy more calls. of course, this is for stocks like AAPL and GM and ones that i feel are going to move sideways. i also dont mind being stuck with 2024 AAPL calls when its around 130-140$. my worst case scenario is waiting it out. its also hard to buy shorts when market is pumping, but i keep my hypothesis that its a sideways market and do it. usually, having a mix of shorts and longs bought at opposite of when the market has really crashed or gone up a lot, is better than having only one direction in the portfolio. that way i can keep taking profits no matter which way the market goes. this only works if my hypothesis is correct, that market will go sideways this year. also, remember to follow the war closely because you want to have those oil shorts or long calls in your portfolio when a sudden ceasefire is announced, but it may not happen for a year or it may in the next week. when the war gets imbalanced, as in one side is winning, theres more chance of ceasefire talks - the other side might capitulate and negotiate.
2 days ago
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Bullish


I didn't say that either. They've got a business to run just like everybody else and people do need buildings built and condos to live in. RKT is at least a little contentious with lots of people because they've created a little bit of a sheltered bubble for themselves downtown. If you go out to lunch on a weekday, 75% of the people are going to have a badge for one of their businesses, meanwhile the townies working as servers and bartenders and all the folks who support those workers are getting pushed further and further out of the city center into neighborhoods that most RKT employees wouldn't venture into, and a lot of people see Dan G as an outsider because he grew up in a nice suburb with a family already successful in real estate. He and the Ilitches have kind of steamrolled downtown into a much more trendy upscale business district than it was 20 years ago. That's not necessarily all bad because it brings in revenue and of course there's stuff to do, but compared to a company like Ford who has been renovating the old train station and has a tech office in the Corktown neighborhood, or GM who's slowly crawling out of their bubble in the Renaissance Center with some stuff in New Center or Hazel Park -- big auto haven't really tried to upend the neighborhoods they're moving into.
2 days ago
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Bearish


Best DD I've read in a while. But it was a hot car, so specifically calls on GM and F.
2 days ago
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Bullish


>\*GM to Price New Cadillac Celestiq Sedan Starting Around $300,000, Sources Say -- WSJ \>\*GM to Build Fewer Than 500 Celestiqs Annually, Sources Say -- WSJ \>\*Cadillac to Begin Celestiq Production by Late 2023, Sources Say -- WSJ $GM ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-06-24 ^08:00:28 ^EDT-0400
2 days ago
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Bullish


Yes, wait one year for GM to work out the kinks. Good for you to snag a profit off your Teslas! And thanks for the honest post on Tesla service. Actually I was surprised.
3 days ago
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Bullish


Not Lucid, not Tesla, not VW, not Xpeng, not Nio, not Ford, not GM, not Nikola. I'm talking about the greatest EV company in the world!
3 days ago
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Bullish


First - The Tesla data in your article is \~4 years old. Second - The "median income" data point in your article is from 2016 Third - The article states that the pay # Tesla is using \*includes\* one-time bonuses / stock plans / etc. Fourth - The article points out that their pay is \*behind\* some other car companies, such as GM & Ford. (relevant for the factory workers) They are even behind some of the other tech companies. (more relevant to the salary tech positions) Fifth - This talks \*NOTHING\* to the # of hours worked by the employees for their pay. Many of the salary positions are pushed to work well past 40 hours. Considering their pay lags other major tech companies....... (NOTE - It also is telling when you talk to their HR and they mention that they are a "start-up" ...... Code for lower pay / longer hours .....) I could probably point out more reasons why that article is entirely irrelevant to \*today's\* discussion, but .......
3 days ago
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Bullish


gm frens ![img](emote|t5_2th52|8883)
3 days ago
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Bearish



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