- Jan 1, 2023
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GM CEO Mary Barra Sells 40 Percent Of Her Shares
- Thread starter securityguy
- Start date
- Feb 21, 2023
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Getting ahead of her pending "retirement" that will be announced soon! The comments about this stock being a moderate buy are bullshit. She's selling into a decline knowing what the real numbers look like. Americans are tapped out and tired of the bullshit. They can't sell a vehicle in ChiNa now and most other countries don't care about them either.
There are significant headwinds in the automotive market and plenty in the market in general. That's why your seeing the discounts on 2026 models already. I'm not even sure a rate cut will save the markets.
Ol Bad Bearings Barra has made a killing selling shitty vehicles at inflated prices and shoveling it in the EV black hole! She, other executives, and the board can fuck right off!
There are significant headwinds in the automotive market and plenty in the market in general. That's why your seeing the discounts on 2026 models already. I'm not even sure a rate cut will save the markets.
Ol Bad Bearings Barra has made a killing selling shitty vehicles at inflated prices and shoveling it in the EV black hole! She, other executives, and the board can fuck right off!
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- Dec 7, 2023
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These are smart people who know what is ahead in about 2 quarters from now. As more and more of the tariff impacts are fully incorporated into the supply chain these costs must be passed on to the end item purchaser or absorbed by the manufacturer. Therin lies the problem -- thereby impacting the cost basis of the product. Going to see a lot more of this type of selling in the future across all of the US manufacturing base as the Global Supply Chain sees costs increase beyond anything that was forecast.
Not to say that Barra has made some huge blunders that will be exasperate the tariff issue making the goal of making a profit even more difficult. This is just the start of this type of activity that we will see due to SEC disclosure regulations. This is actually a rather complicated process when you deep dive into the detail of specific ones. I was not an officer in the company I worked for however, because of my position/function some of these applied to me. The reporting part though was not one of them.
Just buckle up and watch your investments. Now is the time to be looking hard at defensive positions.
Not to say that Barra has made some huge blunders that will be exasperate the tariff issue making the goal of making a profit even more difficult. This is just the start of this type of activity that we will see due to SEC disclosure regulations. This is actually a rather complicated process when you deep dive into the detail of specific ones. I was not an officer in the company I worked for however, because of my position/function some of these applied to me. The reporting part though was not one of them.
Just buckle up and watch your investments. Now is the time to be looking hard at defensive positions.
- Feb 21, 2023
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Nothing to do with tarrifs, they ran out of people to sell high-priced junk. ChiNa is now self sufficient and producing their own cars, many affordable EVs and GM has lost that market forever. Europe has always had their own stuff. Global sales are tanking just like North American market. These numbers are published, you have already seen two straight quarters of declines. They will slowly scale down to mainly selling in North America and maybe then they can figure out what the consumer wants and how to build it reliabiy.
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- Feb 21, 2023
- 6,341
- 15,185
So here's some econimic stats fresh off the presses. There are now more unemployed people than jobs available (lowest since December 2020). Credit card balances are at record highs, auto repos and home foreclosures are increasing. Housing prices are declining and many owners already pulled out equity to finance their lifestyle. Inflation hasn't changed in spite of reports saying they have dropped.
I think we'll limp along until Q4, but then the music stops. When the everything bubble bursts, its gonna be spectacular........plan accordingly!
I think we'll limp along until Q4, but then the music stops. When the everything bubble bursts, its gonna be spectacular........plan accordingly!
Silverado ZR2 Photos
Silverado ZR2 Photos
