Contrarian Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Contrarian Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert b furman who wrote (2191)	6/9/2008 8:00:16 AM
From: Real Man	Read Replies (1) of 4080

Bob, I think you told me once you are in auto biz. What do you think of F here? My plans were to start buying below 5, but I rethink that and just start buying today. US auto industry is down 85% from Y2K. This is a slaughterhouse. Their plants are worth a lot more than their market cap. Unless, of course, all of them are going broke <G> Both F and GM are currently struggling, but I tend to think their profits will start improving soon due to lower dollar and global sales. Whole US auto industry is now worth less than Nissan. They may go down some, but I'm averaging in. And then of course... Once oil pops, we could see a mighty countertrend rally due to very high short interest. <GGG>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next