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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (31345)7/1/2008 11:31:50 PM
From: Paul Senior   of 78802
 
GM stock's fall sure looks like it's the harbinger for a death spiral for General Motors. Last month has been brutal for the stock (and company, apparently). Nobody I see says the stock/business situation is going to get better.

I'll hold my GM shares and endure a little more pain. Meanwhile I still like ALV - people going into smaller cars will give added importance to the many airbags made by ALV. I've added a few more ALV shares to my losing position. Still also holding LEA.

finance.yahoo.com

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Rental car companies: DTG missed its forecast and the stock drop today has been brutal. I hold that one. Also Hertz. I've more faith in an eventual recovery for HTZ because of its size and diversity (rental equipment). I am adding to that one as it keeps dropping to new lows.

finance.yahoo.com

2008 has become a very difficult time in which to buy stocks and not see subsequent declines in the purchased stock or not experience declines in overall year-to-date portfolio performance. For me anyway.
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