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"O"man(are we in trouble)
Join Date: Nov 2005
Location: On the edge
Posts: 16,452
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OK, who is going to buy GM?
Anyone in at $26 to $29 a share? Doesn't seem like a very wise investment to me.
How does one make a million $$$, invest 5 million in the new GM public offering. |
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11-15-2010, 03:12 AM
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Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,407
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I'm hoping they come back big time. (Mr Optimistic
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- Peter |
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11-15-2010, 04:29 AM
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Government Motors
I would not touch it on a bet! I really don't care if they stay in business or not.
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FEC3 1980 911SC coupe "Zeus" 3.3SS god of thunder and lightning |
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11-15-2010, 05:10 AM
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Registered
Join Date: Dec 2005
Posts: 3,384
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In. Seem to be doing the right things.
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11-15-2010, 05:30 AM
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"O"man(are we in trouble)
Join Date: Nov 2005
Location: On the edge
Posts: 16,452
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Wonder if the UAW will be putting any of the pension funds in GM stock??
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11-15-2010, 05:47 AM
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Registered
Join Date: May 2002
Location: St Louis
Posts: 4,211
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Out They don't have to follow the rules. They stole money from the bond holders.
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Rick 88 Cab |
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11-15-2010, 05:49 AM
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Sultan of Sawzall
Join Date: Oct 2004
Location: Louisiana "Take me to 'da bridge"
Posts: 4,806
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China.
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Gruppe B #319 2 '86 911 Carrera coupes (red & white) '66 Corsa convertible 140/4(red) '66 Monza coupe 110/PG(white) '95 993 cabriolet (wife's) |
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11-15-2010, 06:02 AM
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"O"man(are we in trouble)
Join Date: Nov 2005
Location: On the edge
Posts: 16,452
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Quote:
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11-15-2010, 06:06 AM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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I thought I already owned GM?
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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11-15-2010, 06:10 AM
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"O"man(are we in trouble)
Join Date: Nov 2005
Location: On the edge
Posts: 16,452
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Quote:
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11-15-2010, 06:27 AM
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Dog-faced pony soldier
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Nope. I'll gladly SELL at that price though.
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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11-15-2010, 07:38 AM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,533
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Quote:
No, I will not invest...not after the hosing original stockholders and bond holders took during the "bailout".
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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11-15-2010, 10:12 AM
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Registered
Join Date: Jul 2010
Location: Houston
Posts: 824
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My money is in Ford and has been since $4 a share.
To hell with Government Motors.
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DD summer/winter: 2000 Boxster S DD spring/fall: 914-6 w/ 3.0L SC Dual Webers (For Sale) http://imgur.com/a/k0Wtl - My 914-6 Build/Project Story |
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11-15-2010, 10:24 AM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,533
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Quote:
My money is in Ford as well.  
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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11-15-2010, 10:35 AM
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those new Duramax + Allison commercials are super funny!
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poof! gone |
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11-15-2010, 10:38 AM
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Certified Pre-Owned
Join Date: Aug 2002
Location: Nanny State
Posts: 3,132
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Quote:
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'84 Carrera Coupe |
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11-15-2010, 03:34 PM
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,368
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08 Bullitt Mustang sticker price somewhere around $32K
Current value somewhere around $20K. Are you a government economist? Now if you want to talk smart Mustang investment, my old 64 1/2 with a 260V8 would be a good topic. Want to lose money on a Mustang, buy a Bullitt. Quote:
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Tru6 Restoration & Design |
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11-15-2010, 04:16 PM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,533
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Quote:
The value could go to zero...and I'd have lost less than the poor status seeking sap buying the latest water pumper P-car loses the moment he drives off the dealership lot. Yeah, I coulda bought a 996 for what I paid for the Bullitt & had $$$$ left over. I promised Cindy no more P-cars when the 911S left here. Unlike politicians, I intend to keep that promise. Besides, I don't want a Porsche...Been there, done that, for too many years. I'm 67 years old now...how long was I supposed to hang onto a '72S for the viewing pleasure of P-car guys? I figured 33 years was enuf. This one's a driver...and a well balanced one!
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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11-15-2010, 05:04 PM
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,368
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you're only 67? whoa!
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Tru6 Restoration & Design |
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11-15-2010, 05:11 PM
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Registered
Join Date: Jul 2000
Location: So. Calif.
Posts: 19,910
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"I'm 67 years old now...how long was I supposed to hang onto a '72S for the viewing pleasure of P-car guys? I figured 33 years was enuf. "
That's the rub. You were supposed to own the car for the pleasure of driving it, not for impressing others. No wonder you've soured on Porsches. You were really a Mustang guy all along. Be happy with whatever you want. Sherwood |
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11-15-2010, 08:19 PM
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Zeus (god of thunder and lightning)
