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Tuesday, May 23, 2006

Time to buy GM

GM has come out with one of the best ideas that I have heard a car manufacturer come up with: fixed gas prices for one year after the purchase of a new car. This has the potential to transfer huge savings on to new purchasers of GM automobiles. Expect a short term bump up in the stock price of GM, as well as, an increased optimism towards the stock for the long term. This is one more piece of news that may save this stock.

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