Go Back  The Hull Truth - Boating and Fishing Forum > BOATING FORUMS > Dockside Chat
Reload this Page >

Whoever invested, (bet) on GM last week . . .

Notices

Whoever invested, (bet) on GM last week . . .

Old 11-26-2008, 10:32 AM
  #1  
Senior Member
Thread Starter
 
Join Date: Aug 2005
Location: New England
Posts: 5,297
Received 276 Likes on 177 Posts
Default Whoever invested, (bet) on GM last week . . .

. . . by buying their stock, would have made about 50% today if they were to sell.
Old 11-26-2008, 04:27 PM
  #2  
Senior MemberCaptains Club Member
 
Join Date: Apr 2004
Location: SE Florida
Posts: 3,902
Received 13 Likes on 11 Posts
Default Re: Whoever invested, (bet) on GM last week . . .

It is tempting, especially with market being so low. What is GM's stock worth today $9? I think it was 6 or so the other day.
Old 11-26-2008, 04:27 PM
  #3  
Senior MemberCaptains Club MemberPLEDGER
 
Join Date: May 2001
Location: Cullowhee,NC,USA
Posts: 1,189
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Whoever invested, (bet) on GM last week . . .

Ford may be worth a look also.
Old 11-26-2008, 05:04 PM
  #4  
Senior Member
Thread Starter
 
Join Date: Aug 2005
Location: New England
Posts: 5,297
Received 276 Likes on 177 Posts
Default Re: Whoever invested, (bet) on GM last week . . .

GM's low was around $1.70 a few days ago as the market must have left them for dead, today its high was over $5, closed at $4-something. More like a 200-400% return depending, wow!
Old 11-26-2008, 05:08 PM
  #5  
Senior MemberCaptains Club Member
 
Join Date: May 2005
Location: South Florida
Posts: 9,752
Received 699 Likes on 394 Posts
Default Re: Whoever invested, (bet) on GM last week . . .

thundra - 11/26/2008 8:04 PM

GM's low was around $1.70 a few days ago as the market must have left them for dead, today its high was over $5, closed at $4-something. More like a 200-400% return depending, wow!
There have been lots of those going on with some pretty big names over the last few months... unfortunately it is hard to tell which one is going up 400% and which ones are going straight to 0...
Old 11-26-2008, 05:17 PM
  #6  
Senior Member
 
Join Date: Feb 2007
Location: North Palm Beach, FL
Posts: 8,516
Likes: 0
Received 1,359 Likes on 737 Posts
Default Re: Whoever invested, (bet) on GM last week . . .

Flot - 11/26/2008 5:08 PM

thundra - 11/26/2008 8:04 PM

GM's low was around $1.70 a few days ago as the market must have left them for dead, today its high was over $5, closed at $4-something. More like a 200-400% return depending, wow!
There have been lots of those going on with some pretty big names over the last few months... unfortunately it is hard to tell which one is going up 400% and which ones are going straight to 0...

I have to disagree, it's quite easy to tell. If I buy it, the stock is headed for the cellar
Old 11-26-2008, 05:22 PM
  #7  
Senior Member
 
Join Date: Dec 2007
Location: Clearwater, FL
Posts: 529
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Whoever invested, (bet) on GM last week . . .

Flot - 11/26/2008 8:08 PM

There have been lots of those going on with some pretty big names over the last few months... unfortunately it is hard to tell which one is going up 400% and which ones are going straight to 0...
When it comes to speculative purchases you can only invest what you can afford to lose. I haven't purchased any of the auto manufacture stocks because I've lost enough on everything else LOL

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.