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GM Moving Lower Early After Earnings Release

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  • Description

    FBN’s Nicole Petallides with the stocks moving early in Thursday’s trading session.

  • Duration 1:28
  • Date

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General Motors they made a billion dollars profit in the -- what I some bad.

They were helped by sales in North America all right Nicole GM stock is well.

Moved up the fat guys chat.

General Motors.

General Motors here you see it without barrel coming out.

You know they also plan to watch more than twenty vehicles aimed at 2012 here on now and -- slightly lower sit down 110 of 1% that they saw.

North American demand for quite strong and in Europe this -- -- trouble when they had expected so that was good news again.

How would move up to Green mountain coffee that aren't enough that the day traders favored to make single serve coffee machines forecast lousy sales for the next if you can't do that.

-- look at the house.

I mean I don't even know how to say -- but it's down 41%.

This.

You may remember we talked so much about that statement I -- like -- -- he was the one who was shorting it for some time.

And you say that there is -- profit that they expect is going to be less and and it's a slow growth and it's.

Not a not a good -- new well clearly for this stock today.

40% down back -- that's all over the place go to an indictment and management as well guys -- in -- and Wall Street does not trust management they don't trust these numbers that's that's not just a reaction to bad earnings that's.

That's saying something is wrong within management we don't trust you done.

A couple of years that stock has been day traders maybe the volume is very hard and -- -- event that's a product and whether it's bad enough whether -- -- numbers remains -- 40% down just like that aren't Johnston.

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