Don't feel bad...there's even teabaggers on the GM forum praying for the companies demise and downplaying any good news with stuff like that. Just like the folks in my sig pic telling the President to "keep your damn hands off my Medicare!", they don't have the sense to realize what horrible shape our country would be in today if GM and, to a lesser extent, Chrysler had been allowed to go under.
Gloom and doom! Boy...you guys are party animals!
On a side note, it's interesting the influence
Drudge has on GM's stocks, huh?
Take, for instance, General Motors. After a seemingly successful IPO last fall, things have tanked. In recent weeks, GM’s stock price has been–in the words of CBS MoneyWatch columnist Conrad de Aenlle “in a tailspin.” As de Aenlle pointed out on March 7:
After being offered for sale at $33 a share last November after GM emerged from bankruptcy reorganization, the stock climbed as high as $39.48 in January and has headed downhill ever since. It reached a new low of $32.01 on Friday, below the issue price.
And since then, the stock’s dropped even further, hitting $30.65 before the market’s close Thursday.
The execs at GM have a lot to think about, but they might want to cross their fingers, light a candle and hope Matt Drudge forgets their company exists. Why? GM’s ended up on the Drudge Report at least seven times since the IPO. And no, they weren’t good news. Take this Drudge headline from March 4: SHOCK REPORT: GM sells just 281 Chevy Volts in February, or this one on April 1: Government losses in GM far higher than claimed.
And another side note, after reading that, It's become apparent you've gone all Sam on us with your use of Drudge as a source.
