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I-Man

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I-Man

Re: 1994hoosier post# 2482

Monday, 01/12/2009 8:50:50 PM

Monday, January 12, 2009 8:50:50 PM

Post# of 20546
Here's something to laugh about... We sold 90% of our GM stock because of very uneasy events surrounding GM right now and bailout funds verses UAW... We did initially like GM and saw it going to $10.00... But we bought into Ford here at these levels mainly because they have not required any TARP bailout funds and are holding their own..

If UAW does as expected, GM's loans will be called due by Feds for breach of contract and its stock will tank badly but Ford should stand up well going forward as we see it...
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