GM's forward P/E is about 7. It is cheap but with a good reason. I do not buy the stock and any of their products as I do not respect the company.
We
need to press criminal charges on the executives who made the decision
of not recalling their cars earlier in the hope of getting more bonuses.
They have to knell in front of every victim's tomb stone for a month to
say sorry and return all their bonuses before they go to jail.
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They throw in free life insurance as a required option (don't laugh - you need it).
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