recently general motors has got hammered, do you think it is now a buy?

You can think about these stories before buying the GM stock, or the other 2 U.S. auto makers' stocks.

In 2009 while seeking the help from Washington, all 3 auto maker CEO's were flying to Washington from Detroit, not driving their own vehicles. Why? Because they didn't even believe their vehicles could make it to there.

What do you think that last the longest in an U.S. car? It's the car loan.

If a company does not admit fault, that merely means it has no intention for correction.

If you'd want to buy the GM stock, think again. Think about the 2nd and possibly the 3rd bankruptcy coming.

If you want a stock that's paying a good dividend then GM will fit that role. Most of the problems result from actions taken before the new CEO - Mary Barra came onboard. Notice they gave her the job - just before the recall news was released?

I think it's very refreshing that a woman is running this company now and it might surprise people that this will result in a better company. Women can be better listeners and that means that they might pay more attention to issues that their male predecessors ignored. (Most cars are now bought by women..)

I would not be too comfortable if my only income was a GM pension.