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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (32911)12/1/2008 4:37:40 PM
From: SI Bob  Read Replies (2) of 78451
 
Yeah, though I've got these orders open with the belief in mind that 10 years from now, these prices will seem cheap, there's always the worry that 6 months from now they're going to look expensive.

I've gotten partial "stupid price" fills on both [t]F[/t] (<span style='font-size:11px'>LAST</span>: 2.55<span style='font-size:11px'> 12/1/2008 4:22:30 PM</span>) and [t]GM[/t] (<span style='font-size:11px'>LAST</span>: 4.59<span style='font-size:11px'> 12/1/2008 4:21:17 PM</span>) recently, but have cancelled the remaining orders for them as they were placed before the auto makers went to the government with their hands out and I'm on the fence about their best option but don't consider bankruptcy the worst move they could make.
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