# GM stock?????

**URL:** <https://forums.speedlife.net/t/gm-stock/50887>\
**Category:** NYSpeed Off Topic\
**Created:** [July 1, 2008, 1:13pm UTC](https://forums.speedlife.net/t/gm-stock/50887 "2008-07-01T13:13:42Z")\
**Posts on this page:** 1\
**Showing post:** 7

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**Author:** ![eclipsed](https://avatars.discourse-cdn.com/v4/letter/e/bbce88/32.png) [@eclipsed](https://forums.speedlife.net/u/eclipsed)\
**Post date:** [July 1, 2008, 1:28pm UTC](https://forums.speedlife.net/t/gm-stock/50887/7 "2008-07-01T13:28:05Z")

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> [@Fry](#):
>
> GM’s net income in 2005, 2006, and 2007 was -$10.5 BILLION, -$2 BILLION, and -$38.7 BILLION, respectively.

bad, less bad, atrocious… respectively.

although, i believe in 2007 they took an outrageously large one time impairment charge to write down assets with zero value on their books. i think the actually had a much stronger year in 2007 from an income from operations perspective.

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