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Danny B
Guest
GM and Ford stocks are the lowest they have been in years. Do you think they can go up? And whats the risk in investing in them. (I have never bought stocks but been reading the paper alot recently and the price for these stocks seem unreal)
General Motors tumbled $2.15, or 31% to $4.67. - Which is the lowest since 1950
GM is now valued by the market at $2.7 billion, which is equal to what it was in 1929. At its peak in 2000, GM was valued at $52 billion.
Ford shares loss 22% to close at $2.08. Its market valuation is $4.7 billion, vs $159 billion in 1999.
General Motors tumbled $2.15, or 31% to $4.67. - Which is the lowest since 1950
GM is now valued by the market at $2.7 billion, which is equal to what it was in 1929. At its peak in 2000, GM was valued at $52 billion.
Ford shares loss 22% to close at $2.08. Its market valuation is $4.7 billion, vs $159 billion in 1999.