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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (80419)7/8/2008 4:00:34 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
If they manage to break the crude, we'll have a very good
bounce. If not, oh well. I'm still thinking of keeping these
crashed automakers GM and F longer term. I mean, GM market cap is
now smaller than that of a toy car maker. But they can
get broke, of course. In fact, they ARE broke, but there
is a chance they won't have to file for bankruptcy and
pull out of it. Then it's a good investment. Otherwise
they go to zero. -g- ABK WILL file for BK, but it was
a good trade today. -g-