Call me crazy...
Thread Starter
Registered User
Joined: Jan 2000
Posts: 1,512
From: Miami, FL, US
Call me crazy...
but... i want to see if this is totally out of wack... or I could actually pull it off...
I want to buy GM stock...
at 3 dollars.... if GM get the bailout...they manage to get their mierda together and with the new contracts with the union... they might return to profit eventually...
if the price goes to 30-40 dollars... in a couple of years... and I buy at 3...
or i am smoking something... and there is just NO way GM stock will ever go back up?
I want to buy GM stock...
at 3 dollars.... if GM get the bailout...they manage to get their mierda together and with the new contracts with the union... they might return to profit eventually...
if the price goes to 30-40 dollars... in a couple of years... and I buy at 3...
or i am smoking something... and there is just NO way GM stock will ever go back up?
Registered User
Joined: Jan 2000
Posts: 10,285
From: Albany, NY
Your Crazy
....but yeah I'd rather own Ford. Either way you're not investing .. you're gambling. I'd buy DXO, I think you have a much better chance of getting 10x return with that. Much safer and just as big reward potential.
....but yeah I'd rather own Ford. Either way you're not investing .. you're gambling. I'd buy DXO, I think you have a much better chance of getting 10x return with that. Much safer and just as big reward potential.
Last edited by Z28x; Nov 20, 2008 at 02:59 PM.
Registered User
Joined: Aug 2006
Posts: 578
From: Cheektowaga, NY (Buffalo)
This isn't just aimed at you by any means… I'm just so sick of seeing the same spelling errors over an over again in every post that I decided to start posting a little reference to try to improve the situation. So here goes:
Your - Denotes Possession. Example: "I like your car"
You're - A contraction that combines the words "you" and "are". Example: "You're a nice guy"
Their- Denotes Possession. Example: "I like their school"
They're - A contraction that combines the words "they" and "are". Example: "They're going to the concert tonight"
There - Kinda hard to define such a simple word. Example: "There are several cars parked in the lot. Let's go over there and take a look at them."
Learn it, live it, love it
Your - Denotes Possession. Example: "I like your car"
You're - A contraction that combines the words "you" and "are". Example: "You're a nice guy"
Their- Denotes Possession. Example: "I like their school"
They're - A contraction that combines the words "they" and "are". Example: "They're going to the concert tonight"
There - Kinda hard to define such a simple word. Example: "There are several cars parked in the lot. Let's go over there and take a look at them."
Learn it, live it, love it
Registered User
Joined: Jan 2000
Posts: 10,285
From: Albany, NY
This isn't just aimed at you by any means… I'm just so sick of seeing the same spelling errors over an over again in every post that I decided to start posting a little reference to try to improve the situation. So here goes:
Your - Denotes Possession. Example: "I like your car"
You're - A contraction that combines the words "you" and "are". Example: "You're a nice guy"
Their- Denotes Possession. Example: "I like their school"
They're - A contraction that combines the words "they" and "are". Example: "They're going to the concert tonight"
There - Kinda hard to define such a simple word. Example: "There are several cars parked in the lot. Let's go over there and take a look at them."
Learn it, live it, love it
Your - Denotes Possession. Example: "I like your car"
You're - A contraction that combines the words "you" and "are". Example: "You're a nice guy"
Their- Denotes Possession. Example: "I like their school"
They're - A contraction that combines the words "they" and "are". Example: "They're going to the concert tonight"
There - Kinda hard to define such a simple word. Example: "There are several cars parked in the lot. Let's go over there and take a look at them."
Learn it, live it, love it
Thanks, I was in a hurry when I made that post.
Registered User
Joined: Aug 2001
Posts: 2,400
From: Michigan's left coast
Frankly, I see two options for GM right now:
1) Bankruptcy
2) Government receivership
Either way, GM's stock would be worthless.
If anyone here can show how GM can deal with its $190 billion in debt, then perhaps I'll consider the stock as an investment.
1) Bankruptcy
2) Government receivership
Either way, GM's stock would be worthless.
If anyone here can show how GM can deal with its $190 billion in debt, then perhaps I'll consider the stock as an investment.
Registered User
Joined: Sep 2002
Posts: 9,705
From: Oakland, California
Registered User
Joined: Mar 2004
Posts: 1,503
From: BFE, Ohio
But if GM goes bankrupt and is then able to rework their contracts and possibly even dissolve the union, they will be able to undercut Ford on labor costs and have cheaper vehicles
