Monday, June 23, 2008

GM + Oil = The Big Bear’s new short (GM, rated SELL)

I have to say that I am very psyched to see I’m now the #1 ranked guy on socialpicks.com! Now I know there are many of you who’re waiting for my next insightful words. I would like to echo Andy’s take on GM & Ford: http://www.socialpicks.com/post/show/362245/GM-and-Ford-Still… With the current oil situation, you’d hate yourself if you’re in the automobile industry and *not* Toyota or Honda. The oil situation is changing consumer behavior (I didn’t say it, Maria of CNBC did). GM