P Paul M Guest Nov 25, 2008 #1 In this economic environment and with the spectre of potential Chapter 11, is it a good time to buy automotive stocks?
In this economic environment and with the spectre of potential Chapter 11, is it a good time to buy automotive stocks?
J Joe D Guest Nov 25, 2008 #2 It would be like buying a lottery ticket except without a big payout. I wouldn't, they need more than a bailout a complete restructuring costing $100's of billions. Gm is the next Freddie Mac in terms of stock prices 53 cents!!!
It would be like buying a lottery ticket except without a big payout. I wouldn't, they need more than a bailout a complete restructuring costing $100's of billions. Gm is the next Freddie Mac in terms of stock prices 53 cents!!!
