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Strategies & Market Trends : The coming US dollar crisis

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To: TH who wrote (9111)6/19/2008 4:52:46 AM
From: Real Man  Read Replies (1) of 71403
 
TH, a crash up in US automakers can happen at any time. Huge
production capacity, and quite a few global automakers
hold a significant stake in other automakers. TM buying a
large stake in GM? price/revenue = 0.05 is ridiculous even
for auto manufacturers, not to mention that GM and F are
overshorted, with 5 days for shorts to cover. We already
got one in F, when Kirkorian wanted some F. TM can buy GM
with 1 year of earnings.
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