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#1
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GM bankruptcy tomorrow!
If you own any GM stock and you are reading this, put in a sell all shares order now, market price, not limit price. You are about to be wiped out!
If you own Ford, hold on to it, but not for too long. Ford may seem to be doing better, but the fact is that they are still in some serious debt and car sales are still very slow. If GM's debt is wiped clean in 1 day, it might have an effect that Ford cannot compete with. Your opinions in 3... 2... 1...
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2006 BMW M5 "Heidi" @ 109,000 miles 2005 MBZ C55 AMG "Lorelai" @ 165,000 miles 1991 MBZ 300E "Benzachino II" @ 165,000 miles 1990 MBZ 500SL "Shoshanna" @ 118,000 miles (On the hunt for a good used M103 engine as of 6/10/23, PM me if you have one to sell!) |
#2
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Tomorrow is going to be a very interesting news day. I'm just curious which of the 6 dealers within a 30 mile radius of my medium sized town of only half a million people or so in the area are going to close.
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1985 500SL Euro w/ AMG bits 130k 1984 300SD Turbodiesel 192k 1980 240D Stick China 188k 2001 CLK55 AMG 101k 2007 S600 Biturbo 149k Overheated Project, IT'S ALIVE!!! |
#3
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Dog and Pony show.
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It is a truism that almost any sect, cult, or religion will legislate its creed into law if it acquires the political power to do so. Robert A. Heinlein 09 Jetta TDI 1985 300D |
#4
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. . . and Chrysler may be coming out of bankruptcy faster than most thought.
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#5
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Put this in a Chrysler dealership and I'll walk it's showroom for the first time since 1986....
http://www.autoblog.com/2008/02/27/160hp-fiat-500-abarth-ss-to-follow-in-november/
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Sharing my partner's 2012 Forte 5dr SX til I find my next 123 or 126.. - Do I miss being a service advisor ??? |
#6
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Since the we are going to own 70% or so of GM, does this mean that I can get a decent discount?
GM will still be the name...it will just stand for Government Motors now.
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1987 560SL 85,000 miles Meet on the level, leave on the square. Great words to live by Were we directed from Washington when to sow and when to reap, we should soon want bread. - Thomas Jefferson: Autobiography, 1821.
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#7
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Wonder how my fat lot of JCI stock is going to be effected... Higher-ups have said that they have prepared the company for any eventuality but I don't see that message having much effect on the stock buying public...
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-Evan Benz Fleet: 1968 UNIMOG 404.114 1998 E300 2008 E63 Non-Benz Fleet: 1992 Aerostar 1993 MR2 2000 F250 |
#8
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With the push for electric vehicles, I feel JCI stocks will still be a safe bet, they just may take a little time to get there
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1987 560SL 85,000 miles Meet on the level, leave on the square. Great words to live by Were we directed from Washington when to sow and when to reap, we should soon want bread. - Thomas Jefferson: Autobiography, 1821.
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