General Motors Stock (GM)?

If you wait a day to buy it. The price will go down a bit after the initial spike.

You won't get it on the IPO but you will probably be able to buy GM on the secondary market as all those buyers who say they don't plan to flip it start flipping it in the next few days. It won't be at $33, the IPO price, it will be probably $44 or higher on the secondary market. I would not touch it at that price. First, the government has already said there will be another IPO which will do nothing but dilute the first IPO and lower the price. Second, there is way too much euphoria about GM - other than starting with a clean balance sheet and lower operating costs, they are still the same old GM. For example, did you know their 2010 marker share is 19%, compared to their 2009 market share of 19.7%? They still make crappy cars, always have and always will.

This is an IPO. There is no history on the trading of this stock. If you're looking to get good information as to whether to buy this or not..... asking strangers, whose qualifications and motives can never be known... may not be a great idea. Not to mention there is no human being (as far as we know) that can see into the future.

Read some books on investing. Make these decisions on your own. Understand risk management.

searching back, GM became a purchase at $3.60/percentage. i'd anticipate Obama will furnish some variety of tax rebates if people purchase American-made vehicles. this would income American automakers and let them to change into aggressive with the eastern and Korean automakers. This, Union givebacks and the hot hybrid vehicles will appeal to American vehicle shoppers decrease back to GM, Ford and Chrysler.