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

To: William H Huebl who wrote (81278)	10/2/2008 9:34:04 PM
From: Paul Kern	1 Recommendation Read Replies (1) \| Respond to of 94695

If our markets survive all this, we may look back and say that GM was one heck of a buy now! Or GM may be gone.

To: William H Huebl who wrote (81278)	10/8/2008 8:55:33 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 94695

GM looks OK- but frankly, I own a Ford, and it's probably been the most trouble free vehicle I've ever owned, so mebbe that (and the cheaper price tag) makes me lean toward good ole Henry and da boys at F. They've been cut in HALF over the past week. finance.yahoo.com I'm gonna put in an order for a few thousand shares at 1.80 tomorrow just for the heck of it.. -g-

To: William H Huebl who wrote (81278)	10/8/2008 9:52:04 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

Both GM and F are. F seems to be the best of the three, old "C" is the crappiest, but it ain't public. This is an example of how the blow-up of CDS drives the bonds of a company to really unreasonable values. Hedge funds then buy bonds, short stock as a hedge, drive it to zero. Speculators pile on. The companies will survive, but I am not sure about the stocks. At worst they can be nationalized or restructured (and become the property of bondholders) In any event, if credit unfreezes, BK filing would be a few years away. But they've got problems. Actually, I am thinking of dipping my foot in those again. It hurt the first time I tried -g- Never seen an automaker that cheap before, so I tried, and guess what? They got cheaper -g-