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Bossco

06/02/09 11:07 PM

#4502 RE: Chili Palmer #4501

Nobody knows. Time will tell;)
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BillyRay

06/02/09 11:17 PM

#4503 RE: Chili Palmer #4501

I went off Wamu and Lehman's trading activity after they filed BK...They both went into single digits within their first week. I figured since they both had much bigger losses than GM, we should have seen a more dramatic drop here. The only thing that makes GM different is that they got the US govt behind them, they're still doing business and expect to emerge from this in 60-90 days as stated by Obama himself. I'm going to give it some time. Its only been two days. This is headed lower and the bounce is coming. imo

BillyRay
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Crazy Money

06/02/09 11:19 PM

#4504 RE: Chili Palmer #4501

Tomorrow? :-)