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  #1  
Old 06-01-2009, 12:37 AM
Rahulio1989300E's Avatar
V10s & V8s FTW!
 
Join Date: Jan 2005
Posts: 1,147
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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  #2  
Old 06-01-2009, 12:43 AM
TylerH860's Avatar
KHAAAAAAN-gress
 
Join Date: Aug 2007
Location: Wichita, Ks
Posts: 5,187
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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  #3  
Old 06-01-2009, 12:48 AM
Larry Delor's Avatar
What, Me Worry?
 
Join Date: Jun 1999
Location: Sarasota, Fl.
Posts: 3,114
Dog and Pony show.
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  #4  
Old 06-01-2009, 01:37 AM
MTI's Avatar
MTI MTI is offline
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Join Date: Nov 2002
Location: Scottsdale, Arizona
Posts: 10,626
. . . and Chrysler may be coming out of bankruptcy faster than most thought.
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  #5  
Old 06-01-2009, 03:26 AM
I'm thinkin, I'm thinkin.
 
Join Date: Jul 2003
Location: Arlington, Texas
Posts: 440
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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  #6  
Old 06-01-2009, 06:45 AM
jplinville's Avatar
Conservative
 
Join Date: Sep 2008
Location: Dayton, Ohio region
Posts: 302
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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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  
Old 06-01-2009, 10:03 AM
KarTek's Avatar
<- Ryuko of Kill La Kill
 
Join Date: Jun 2007
Location: Bahama/Eno Twp, NC
Posts: 3,258
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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  #8  
Old 06-01-2009, 10:13 AM
jplinville's Avatar
Conservative
 
Join Date: Sep 2008
Location: Dayton, Ohio region
Posts: 302
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
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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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