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Strategies & Market Trends : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?

To: Rolla Coasta who wrote (2179)	6/5/2008 5:58:11 AM
From: Real Man	Read Replies (1) \| Respond to of 4080

Chart's ugly, but there is value, if GM does not go broke, that is. Worth averaging in. If it drops, just buy more. There is no long term risk other than bankruptcy. Somehow I doubt it. GM just cut all their rebates a lot, they will stop losing money. -g- They are giving it away for 20c on the $. Toyota RULES. American Car manufacturers suck, remember? -ggg-

To: Rolla Coasta who wrote (2179)	6/5/2008 8:52:29 AM
From: robert b furman	Read Replies (3) \| Respond to of 4080

I remember as a GMI student in 1973 - GM hit the 13-14 as a low. My business finanace professor mortgaged his house and bought GM stock. Told our class of his position. He announced by the time you graduate (3 years later) I'll have my house paid off. I graduated ! and he was right (w/o a mortgage) I loved that professor - he was one of the few that was trully inspirational. I'm a buyer at 15 and scale down 3-4 times from there. If not my 2 GM stores is investment plenty in this big slow beast. They really are way ahead on many fuel efficiency aspects: efficient fuel economy flex fuel vehicles and cellulosic production ownership hybrids hydrogen diesels Itw ill be a long term double that will pay a good dividend. Not bad JMHO Bob