my client who is the best reverse indicator i've ever seen

#28
#28
i wish i knew more about trading, i'd take a risk, i realize right now it's so low, that you could make some really good money in the long term
 
#33
#33
Vol Mania 21 said:
nope, don't want to do that, was thinking about buying tobacco stocks, seems when the going gets tough people smoke
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GM's shares are reportedly at 1950's levels. If there's one company that's going to rebound, it'll be GM.
 
#34
#34
GM is in deep deep trouble. want a buy. buy gmac and ford motor credit bonds. those are trading at half of bankruptcy values.
 
#36
#36
gmac and ford motor credit are backed by cars and car leases. they are currently trading at 20-40 cents on the dollar.
 
#44
#44
MG1968 said:
GM's shares are reportedly at 1950's levels. If there's one company that's going to rebound, it'll be GM.
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Why? A large part of what they make is crappy compared to foreign competitors who do it for less. With fuel prices still an issue despite their current downtrend, why would you buy stock in a heavily leverage company that is spitting out a product with an ever-reducing share of the market?
 
#46
#46
MG1968 said:
GM's shares are reportedly at 1950's levels. If there's one company that's going to rebound, it'll be GM.
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but that's mindless drivel to make it sound awful (which GM actually is).

Likely doesn't account for stock splits, new issuance, dividends paid out, etc.
 
#47
#47
Vol Mania 21 said:
i wouldn't say their products are crappy
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I'm not saying all of them are. But my impression has been that a lot of their family sedan cars cost much more per mile of use you will get out of it relative to a similarly priced Honda or Toyota. Re-sale values alone support my impression. And given that mileage is traditionally better with the Japanese cars, it would seem likely to continue to be that way.

Obviously, BPV is right when he says that the issue of profitability of companies is a function of a lot more than just who sells the most -- it involves a large number of variables that can affect the bottom line. But if you were investing for a 5-10 year horizon or more, wouldn't you be more attracted to the company that sells more of its product and seems like it will only conitnue to do so?
 
#48
#48
BigPapaVol said:
but that's mindless drivel to make it sound awful (which GM actually is).

Likely doesn't account for stock splits, new issuance, dividends paid out, etc.
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My grandma has owned GM since the early 50's and yes it is right back where it started... minus dividends


I really really like BoA, I also like any cheap wildcat oil/gas stocks and I really like GE, Google, Boeing, and RIO
 
#49
#49
VolsNSkinsFan said:
My grandma has owned GM since the early 50's and yes it is right back where it started... minus dividends


I really really like BoA, I also like any cheap wildcat oil/gas stocks and I really like GE, Google, Boeing, and RIO
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I'm all about BofA and GE. They'll be horses when this is done.
 
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