Good time to invest in G.M or Ford ?
#61
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Good call on the sonic auto I looked into it today and made a purchase. made me some cash today and I don't see any reason it's going to stop based on the performance the last few months. I do wish I got in a couple months ago though lol id be rich . They trade under the symbol. SAH . Anyone else may want to consider purchasing some as its going up daily.I may sell when/if it doubles though at around 14 per share.
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/
#62
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anyone look at sirius radio's stock siri? it was down at lik .10 and right now up to .50 im assuming itll drop some again anyone think it'll drop then climb back up a good amount?
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Ford would be the most sound investment for sure just keep in mind with the govt buying up car companies even with ford not taking money trust me they will be or they will get blackballed just like they did in the last depression era when the govt forced on them their will. I love GM, but I have to hand it to ford for not taking the money. Make some money off ford but don't stay to long ford will be blackballed by the govt it is going to happen with this admin acting like they are.
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No I do think ford is on the up. Im just saying if the govt is taking control of these companies it won't matter if they are on the up now or not. Just like the tarp/bailout of the banks that money was "FORCED" on them and the only bank that refused was Wells Fargo. Same thing will happen with the car companies. I hate ford cars and trucks but I love how that company has been run in the last few years. I just don't think it will matter in the end. Just make some quick money off of them. It is a good idea and I would do it too. Sorry about the off topic rant.
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Good call on the sonic auto I looked into it today and made a purchase. made me some cash today and I don't see any reason it's going to stop based on the performance the last few months. I do wish I got in a couple months ago though lol id be rich . They trade under the symbol. SAH . Anyone else may want to consider purchasing some as its going up daily.I may sell when/if it doubles though at around 14 per share.
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I've got two low-priced etf's that have the potential to rocket:
FAS
http://moneycentral.msn.com/detail/s...ymbol=FAS&ww=1
UYG
http://moneycentral.msn.com/detail/s...ote?symbol=UYG
both are exchange-traded funds (safe like Mutual Funds, but trade like Stocks) that are reasonably priced
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I had already been sitting on 5000 shares at a much higher price (which I did ultimately make some money on) and that buy could've lowered my average cost nicely.