Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Morganfleeman

(117 posts)

8. This is probably going to be terrible timing for the sale

Reply to Redfairen (Original post)

Thu Dec 20, 2012, 01:07 PM

Dec 2012

Once getting past the fiscal cliff circus, the economy has the tailwinds of improving housing, lower energy prices and tail risk events like a Eurozone breakup minimised. The market has the potential to really rally next year. I suspect selling GM shares now will have been a major mistake.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

8 replies

= new reply since forum marked as read

Highlight:

Treasury announces GM exit strategy; automaker buying 200 million shares from U.S. [View all] Redfairen Dec 2012 OP

When will the Wall Street banksters repay the federal government for bailing their asses out? bulloney Dec 2012 #1

Okay, here's some dialog. JayhawkSD Dec 2012 #2

And a little more on the banking side: bhikkhu Dec 2012 #3

Thanks for the link. n/t loudsue Dec 2012 #5

Do you have any credible links for that information? loudsue Dec 2012 #4

My link is a Wall Street Journal article that is behind a paywall JayhawkSD Dec 2012 #7

Hopefully the price of the stock will go back up now that they are making a profit davidpdx Dec 2012 #6

This is probably going to be terrible timing for the sale Morganfleeman Dec 2012 #8