I dont think either that we can associate it with the mustange vs. Camaro thing.
GM came out with 80% earnings loss, and last week stock was down 23% I believe. Merrill Lynch was coming out and telling its investors to sell GM becuase it was heading down. I have some shares of GM and at this point just going to hold out for the long term.
Companies like GM never really hit bottom, its like a business cycle within the company, it will come out of this eventually, just might be longer than most of us impatient people want to wait.
Just the consequences of shot earnings and sale drops...At least they arent like UAW who wouldnt let pro-bush and marines park in their lots to go train on weekends!
Tim
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