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-   -   1954 (http://forums.pelicanparts.com/showthread.php?t=434762)

Porsche-O-Phile 10-10-2008 09:03 AM
IIRC the restriction on short sales was just on financials.

Have they re-implemented the uptick rule yet? That'd help. Surprised that hasn't come up yet.

Drdogface 10-10-2008 09:10 AM
Quote:
Originally Posted by Porsche-O-Phile (Post 4230518)
IIRC the restriction on short sales was just on financials.

Have they re-implemented the uptick rule yet? That'd help. Surprised that hasn't come up yet.

Thanks for clearing that up... was not sure of that. I don't think the uptick rule has been re-implemented. Yes, that would help...

VincentVega 10-10-2008 09:11 AM
Is GM worth a gamble now? Buy @5 today, sell at $15 in a few years?

Jim Richards 10-10-2008 09:15 AM
Quote:
Originally Posted by Chris Martin (Post 4230538)
Is GM worth a gamble now? Buy @5 today, sell at $15 in a few years?
I'm thinking GM goes the route of Studebaker.

jcommin 10-10-2008 09:42 AM
Nice 1954 pics. Probably the pinnacle of GM design during the 50's. Harley Earle was never better.

Az911 10-10-2008 09:57 AM
Quote:
Originally Posted by jcommin (Post 4230206)
GM still has about 25% of the US market, certainly a far cry from their heyday in the 50's and early 60's.

I would hate to see the US car industry shut down - if you look at the UK, their auto industry is gone along with every connected industry that supported it. Those were good paying jobs. If GM goes, Ford and Chrysler will tumble too. So there would be a mad scrammble for the Asians, Chinese or Indian car manufactureres to pick up the pieces. How sad. Then we could be all driving their bland plain jane cars and buy whatever they are willing to make.
Have you looked around lately? GM has been making bland/boring cars for years.

jcommin 10-10-2008 11:33 AM
Steven:

Yes I have. It is a big reason they went from over 50% in their heyday to where they are now. Their late 70's, 80's and early 90's models were abysmal. No argument there.

They lost market shere the old fashioned way, they earned it. It will take a decade or more to change opnion of the motoring public. You need to have the products we want.

Outside of a few models, I find many of the Japanese and Korean models suffer from the same blandness. Yes the Civic and Camery are great cars; but they do nothing for me in terms of style. I'm still of the school that a car needs to look good as well as run good.

I'm not ready to accept the notion the no American auto industry is good for this country.

Hugh R 10-10-2008 11:40 AM
The Disney stock is down right now, 22.XX versus a 52 week high of 38.XX. Disney currently has a market capitalization that is around $60B now and was as high as $90B. Hard to believe Disney is worth even in today's market 30 to 45 times what Ford and GM are worth.

Porsche-O-Phile 10-10-2008 11:42 AM
Disney makes products people actually want.

Sunroof 10-10-2008 12:09 PM
I lost it for Detroit when they nailed Tucker and his "Tucker".....

:eek:


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