Market conditions have recently looked promising for investors looking to get into a blue chip stock at deeply discounted rates. GM stock took a massive beating last week, closing at a 50 year low of $4.89 on October 10th. Forecasts portraying the future sales automobiles show a significant decline in sales due to the difficulties for consumers to obtain credit for purchase. Incentives by the auto industry have increased demand, but the problem of credit remains. While panic gripped the exchange last week, this morning seems to be showing a bit of that silver lining. The larger question to ask is: Is now the right time to jump into GM?

Speaking on condition of anonymity, executives at GM and Chrysler have both indicated that the market is ripe for such a consolidation. Auto manufacturers such as GM, Chrysler, and Ford could benefit from such a merger. Decreased costs would cut