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 Re: GM
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Joined: Jan 2005
Posts: 6,681 Likes: 1
Bar Shake
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Bar Shake
Joined: Jan 2005
Posts: 6,681 Likes: 1 |
Quote:
Quote:
I am hearing that it is a matter of weeks before GM declares Chapter 11. I am also hearing that Dodge is very close behind. Sad day for some former pioneers and current American icons, but perhaps, there is a silver lining here?
Yep, should have sold my GM stock at $50..., $40.....$10....$5.....oh well , it is now $1.70 so I might as well ride it into the dirt ! As long as you hang on to the handle bars there is a chance of saving it...that was my philosophy for my 1000 shares of World Com up till I got the "letter" ....that the fiddle player has stopped playing....use your stock certificates for starting a fire...... confirmed...I'm no financial genius !
$1.70???... Hmmm. If I buy 100 shares for $170 and It goes back up to $50, if the Volt takes off, then I could afford another bike. Problem is that I heard the Volt is going to be between $35-40K a little above most average families price range. My little scheme may not work. 
"Catching a yellow jacket in your shirt at seventy miles per hour can double your vocabulary" Author unknown
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