General Motors announced its earnings this morning and beat estimates. Earnings per shares for 2015 came in at $5.02. But with the market itself unimpressed, pointing out that much of the growth was on truck sales, not autos, the stock sold off.
General Motors Stock fell to a low of $28.18 this morning.
Here is the trade results from the trade setup yesterday, Feb 2. The trade summary includes an outlook on the stock and how the next trade will be adjusted to try to improve the earnings…..the rest of this article is for FullyInformed Members.
General Motors Stock Trade Ahead Of Earnings Returned 11%
FullyInformed Members can review the latest General Motors Stock trade alert directly through this link or they can sign in to the full members site here. Non-members can join here or read about the benefits of being a member.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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