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Wells Hall Off-topic Board Politics, Religion, and Social Issues. This board is your pulpit to preach to the masses (like the Wells Hall preacher) about everything from politics to religion. Please be kind to your fellow Spartans. Post as if your family is in the other computer.

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Old 07-02-2008, 04:10 PM   #1 (permalink)
helmet
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My Spartan is
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GM stock touched single digits today....$9.99

- 14.5% today

Time to buy, or time to wait for the next mini spike and sell?
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Old 07-02-2008, 04:27 PM   #2 (permalink)
helmet
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I think buying GM right now is like grabbing a rope with a piano on one end that just fell off a cliff.
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Old 07-02-2008, 05:24 PM   #3 (permalink)
helmet
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Where are all the cheer leaders like lil wolfy.

GM stock price hasn't been that low since 1954. Most of us weren't even alive in 1954.

If you owned it for awhile you are probably kicking yourself for not selling near 90 in 1999.
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Last edited by GRR Spartan; 07-02-2008 at 05:28 PM.
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Old 07-02-2008, 11:09 PM   #4 (permalink)
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GM and the U.S. car makers are the U.S. steel companies of yesteryear. One of the few major manufacturing sectors left that will fall by the wayside. I guess the U.S. airplane manufacturing companies will be next.
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Old 07-02-2008, 11:11 PM   #5 (permalink)
helmet
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Quote:
Originally Posted by GRR Spartan View Post
Where are all the cheer leaders like lil wolfy.

GM stock price hasn't been that low since 1954. Most of us weren't even alive in 1954.

If you owned it for awhile you are probably kicking yourself for not selling near 90 in 1999.

you're prolly kicking yourself for not dumping it 2 months ago.
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Old 07-03-2008, 05:16 PM   #6 (permalink)
helmet
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Quote:
Originally Posted by MichState04 View Post
- 14.5% today

Time to buy, or time to wait for the next mini spike and sell?
Hate to say it, but... mini-spike and sell...
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