GM's IPO shares to be $110-$130 each -- you interested?

I come from a family of GM supporters, actually a couple of generations worth, but it would be
more optimistic to think about public shares with GM if they actually diversified. And I'm not just
talking "the late$t colour of paint"! Sounds like loopholes for money so far. Re-inventing with a
more educated customer base is a little more sophisticated than that. Thank you.

With the union involvcement on the Board...there isnt a chance I would take a chance on this company, they are doomed before they start. If the union were not on the Board,I might reconsider.

I watched the lange and OLeary hour and they did not recommend buying GM stock I agree with the other guy they should give away 1 free share to every tax payer in Canada. I think the stock is over priced big time. No 1 wants to berate a domestic but Gm deserves what they get. They put a lot of poor quality vehicles out their over the years and unfornately it was the little that put out his hard earned money to buy this JUNK.

That must be a typo. You mean $1.10/share.

Not even at that price.

I thought the Canadian taxpayer invested enough in GM anyway through the continued actions of a mis-guided Federal government.

All taxpayers should automatically receive GM shares with their 2010 tax refunds as a matter of compensation for propping up yet another failed company.

Who in the right mind would even consider buying G.M. stock at that ridiculous IPO. As a seasoned corporate business analyst, I would have to be shot by my own broker if I even mentioned "buy" to him regarding G.M.
I have personally owned two G.M. products over the years and even thou I babied them and maintained them, both never made it to 200,000 kms and I even had to replace parts before then. G.M. and this "totally out to lunch Canadian Government" can peddle this grossly over valued stock to those who have money to burn.All tax paying Canadians should get optional stock options for free considering we all paid to bail them out to begin with.
I would have cleaned house at G.M. and started all over again. Just like the sub prime mortage CEO's and alike, they should have all been showed the front door and should be charged with fraud after screwing the ones that were honest people. But when it comes to profit, bonuses, etc. greed exceeds human decency. Capitalist society at its best!! Unbelievably pathetic to say the least.

I would not buy GM stock, I see first hand what GM is doing,GM should get rid of all union parts distribution workers,The trucking companies that work for GM has been taking big cuts.GM should cut there workers like they cut the trucking companies.They should work for temp service with no benefit's.

Before new IPO is allowed maybe they should repay small invester,s there,lost investment,s .This is a travesty.

None of you get it. These financial whizes are thinking excatly what you are thinking. That is why they are pricing it high. It needs a lot of room to fall. Buy Buy when it gets down to $10

Anyone dumb enough to buy these shares deserves to lose their money. GM will go bankrupt again in a year or perhaps two. All of this money will go to the unions and pension obligations to retired unions people.

My god I've never seen a thread with so many smart people on it. No-one is falling for this scam. i wouldn't buy GM stock for penny. It's worthless, less than toilet paper.

What GM seems to forget when comparing vehicles is the after-sales service. Who cares if the car looks better or is comparable, if everytime you go into the dealership, you're treated as though you're an inconvenience or a $ sign, rather than a valued customer. I no longer drive a GM product based on this. Maybe they should study the competition a little more on the customer service side to see how to treat their customers. Trying to hide the service side by pushing the front-end of the business. Do they really think the market is that stupid? I guess that's what they're banking on.... Staying away from this stock and this company. The upside on Ford is much more appealing at these valuations.

Just remember all the asian cars that you think are built here are only assembeled here all the parts are being made over seas.They should be forced to build the parts here and create jobs here not in Japan or where ever.Like I say say still have a job,still have your pension keep buying Asian and see how long you keep your jobs,just keep sending your money over there.

I woudnt touch gm shares at $1.10, nevermind $110. Gm is a doner, just a matter of time.

I recently bought a Ford Fusion, and I am satisfied with the quality and design of the vehicle. The vehicle I was driving, before I bought a Ford, was a GM. I liked the Gm I had more than the Ford I am Driving now. So I will probably buy a GM vehicle again, but right now I don't think any vehicle they have is worth my money. I don't like any of the designs of GM's and I would not be surprised to know that the maintenance costs are the highest out of any automaker that is directly competing with GM products. As far as the stock/IPO, I find it ridicules. I think GM should pay back Canada all of the money that was lent to them, and pay back America enough money to lower the governments ownership to 49%. But first GM should put vehicles on the road that attract buyers.

I think it's great, and really hope that it opens like that... a great opportunity for short selling hasn't come around since the Moncondo sank!!!!

If G.M. went ahead and issued so many million shares @ say 5-$10 with the option to buy more at a later date at a guaranteed price there would be stability in investor confidence.The shares would therefore react responsible to normal market activity and evolve as their products do.
Anything short of this IE. $100 IPO is crazy,I'd buy ford in this case.
Mike

There really are two different arguments here, One, Can GM build decent cars,,,,,,hmm...Yes now they Can, but the second part is can GM run a company properly....NO.....as soon as they show a profit the CEO get millions of dollars as does the CFO ect ect...........the don't put money back into the company and the don't put money aside for a rainy day...........Toyota has enough money in Cash to buy themselve.......thats billions boys. STOP GIVING ALL THE EXECS THE PROFITS

NO !

Would i purchase a stock at this price? no.
It is overpriced. However, I do believe it to be priced correctly. There are some people who will invest in GM as they are loyal to the company and it almost seems like a safe choice as we know the government will bail them out, they are not a quick start up company, we know a lot about them, that being said, it will also defer some people from purchasing stock.
it is priced correctly. If it were $12/ share everyone would purchase the stock, if it were $300/ no one would, $110, right around the middle so you will find the right investors who will put their money in this company keeping the price steady for the next year or so until everything settles down.

The only comment that makes sense here Is Stan's (sort of). The share price is only half of the question. The other half is the number of shares to be issued and the resulting market capitalization. If you think the market cap is a good value then you should consider buying. If not, then stay away.

Where did Ford get the money to restructure? The same place everyone one else got it. They just did it before they went into chapter 11 .about two years before the buble burst