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GM to kill Pontiac, Chrysler to declare bankruptcy

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  • #31
    Dooooooooooooooo di dooooooooooooooooooo

    Told you so...

    Doooooooooooooo di dooooooooooooooooooooooooo...
    Is it me, or is MOBIUS a horrible person?

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    • #32
      Caught this line on CBS radio this morning on my drive to work:

      "GM's plan to avoid bankruptcy involves paying creditors 5 cents on the dollar in their worthless stock. One man, who invested $800,000 in GM bonds, says he hates GM so much he plans to burn his Firebird on YouTube."

      The first part made me wonder how stupid GM's bondholders are. The second part answered my question.

      -Arrian
      grog want tank...Grog Want Tank... GROG WANT TANK!

      The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.

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      • #33
        Originally posted by Arrian View Post
        "GM's plan to avoid bankruptcy involves paying creditors 5 cents on the dollar in their worthless stock. One man, who invested $800,000 in GM bonds, says he hates GM so much he plans to burn his Firebird on YouTube."
        "My nation is the world, and my religion is to do good." --Thomas Paine
        "The subject of onanism is inexhaustable." --Sigmund Freud

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        • #34
          Ford.
          Captain of Team Apolyton - ISDG 2012

          When I was younger I thought curfews were silly, but now as the daughter of a young woman, I appreciate them. - Rah

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          • #35
            You like how they're hemorrhaging cash?
            "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
            Ben Kenobi: "That means I'm doing something right. "

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            • #36
              But much less than expected. And they have cash on hand to cover the losses. Which means their stock is going up and I'm making a tidy sum.
              Captain of Team Apolyton - ISDG 2012

              When I was younger I thought curfews were silly, but now as the daughter of a young woman, I appreciate them. - Rah

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              • #37
                I was in at $2 for F, sold at 3.2something. Got back in at $3.04 and $3.46 with a lot more shares. Me is happy.
                Monkey!!!

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                • #38
                  That's because people like you are all thinking it's a good investment.

                  Sooner or later someone's going to wise up and realize Ford is no Toyota or Honda.
                  "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                  Ben Kenobi: "That means I'm doing something right. "

                  Comment


                  • #39
                    I don't think that the US will be left with no car companies. I think that Ford is much better off then GM or Chrysler.

                    I would invest in Ford if I was going to invest in a US car company.

                    JM
                    Jon Miller-
                    I AM.CANADIAN
                    GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.

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                    • #40
                      It's the least ****ed of the 3, undoubtedly.
                      "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                      Ben Kenobi: "That means I'm doing something right. "

                      Comment


                      • #41
                        I actually expect that to invest in ford, 20 years from now you will have made money.

                        JM
                        Jon Miller-
                        I AM.CANADIAN
                        GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.

                        Comment


                        • #42
                          Originally posted by Japher View Post
                          I was in at $2 for F, sold at 3.2something. Got back in at $3.04 and $3.46 with a lot more shares. Me is happy.
                          I bought in at around $2 and held it.

                          Originally posted by Jon Miller View Post
                          I actually expect that to invest in ford, 20 years from now you will have made money.

                          JM
                          You don't have to wait 20 years to make money. Japher and I are doing pretty well already.
                          Captain of Team Apolyton - ISDG 2012

                          When I was younger I thought curfews were silly, but now as the daughter of a young woman, I appreciate them. - Rah

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                          • #43
                            You don't make any money until you sell, ozzy.
                            "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                            Ben Kenobi: "That means I'm doing something right. "

                            Comment


                            • #44
                              Originally posted by Asher View Post
                              That's because people like you are all thinking it's a good investment.

                              Sooner or later someone's going to wise up and realize Ford is no Toyota or Honda.
                              Ford has some good stuff in the pipeline - not that I've invested in Ford - just the 'pipeline'...
                              Is it me, or is MOBIUS a horrible person?

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                              • #45
                                And Japher and Ozzy
                                Is it me, or is MOBIUS a horrible person?

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