Discussion in 'Stock Market' started by DavidS, Nov 19, 2008.
GM - down 15.86% to $2.60 a new low
Ford - down 10.7% to $1.50 lowest since 1983
So, what do you think, David... Good buying opportunity, or Bankruptcy looking for a place to crash?
There are four stocks to stay as far away from as possible:
A month ago Citibank was at $18. It's now below $8. When their CEO fucked up the whole Wachovia deal, that was it. Citibank is DONE. And I don't want one penny to bail them out either.
Update - Citibank at 6.45 down 23% today.
An update... a very sad one.
Ford must have had a buy order at $1, because it's spiked 13 cents in the past few minutes, but it was down at $1.01 5 minutes ago.
GM's stock is also getting slaughtered. It was down to $1.70 earlier today but is now at $2.03. Both of these guys are seeing double digit losses today.
Free Electric Autos for Citizens (1956)
Separate names with a comma.