Good time to invest in G.M or Ford ?
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Holy crap yes. And killing Saturn was the obvious first step. I don't really see the point of GMC either. The Japanese big three have the right idea: one brand for everyday cars, one for luxury cars (not counting Scion). Chevrolet and Cadillac. Keep a few of the better Pontiacs and Buicks and sell them as Chevys. Yes it would suck to see the Pontiac name die, but if it keeps GM alive...
i can honestly say if they kill off pontiac, i would/will never..EVER own another gm vehicle, and with the exception of trucks (dodge and nothing but) i've never owned anything besides gms, primarily pontiacs
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thats really what is it...have 2 companies...and kill off the rest...use all the best selling GM cars and put under one name(Chevy prob. because its the biggest) and one luxury( Caddy) and b done with it...also, i use sharbuilder.com also
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you guys think it goin to come back down i finally got my ing account and my sharebuilder account set up and im ready to invest but if its gonna drop below $2 again id wait wat you think buy now or wait?
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Ford stock was worth around $35 in the early '90s, that's the highest it's been in the last 50 years. If it ever gets that high again, we'd be living in a much different environment. Too much foreign competition IMO for Ford to ever gain that kind of foothold again.
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There is a supplier out there, LEA get some at .55-.60 when it comes down this week and sell it at .80-.85,,, not bad. Or hold it for a little while it may go to 1.80 in a month or so,,, even better. But if it tanks uhhh it gambeling
#52
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I'm going to do just the opposite in a very small attempt to help make sure that we don't lose Chevrolet, Cadillac and GMC as well in the future.
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#53
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Just a follow up to this post. I purchased $2800 in Ford a couple months back and it's value is approx $9500 now though I didn't check today to see what happened. I only wish I had bought 10k at that time :-( could have bought a new Camaro lol
#54
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Just took some profits from "F".. found another interesting stock (Sonic Auto) and I'll just say that they are being bought by institutions and the "insiders" just gobbled up
200k shares.
http://www.sonicautomotive.com/
200k shares.
http://www.sonicautomotive.com/
#56
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Just took some profits from "F".. found another interesting stock (Sonic Auto) and I'll just say that they are being bought by institutions and the "insiders" just gobbled up
200k shares.
http://www.sonicautomotive.com/
200k shares.
http://www.sonicautomotive.com/
#57
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http://www.speedwaymotorsports.com/
#58
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As the amount of dealerships are thinned out, the remaining *profitable* stores will do very well. The odometers won't stop spinning waiting for the economy to become rosy again. Consumers *need* cars, and nothing in the immediate future will change that.
I also picked up some Penske- http://www.penskeautomotive.com/
I also picked up some Penske- http://www.penskeautomotive.com/