10-09-2008, 06:33 PM
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GM and Ford take a beating on Wall St.
 General Motors and Ford just concluded an absolutely brutal business day on Wall Street, which echoed the performance of the markets in general as the Dow Jones Industrial Average slid another 678.91 points to close below 9,000 at 8,579.19 points. GM closed the day at 4.94 after having dipped as low as 4.72 just minutes before the bell rang at 4PM, while Ford ended today at just 2.14. Analysts are noting that GM shares haven't been this cheap since the 1950s and that a single share of Ford stock costs less than a gallon of gas at the moment. We are most certainly not financial analysts, but we do know these companies are heading in the wrong direction fast and that a brighter future is not weeks but months and years away. [Source: AOL Money and Finance] Read | Permalink | Email this | Comments More...
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Jason Miller Webmaster / Founder 93 GAGT with 3800 Engine Swap (103,000 miles) 03 Full Size Silverado (220,000 miles) 96 Suburban 1500 (204,000 miles)     
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10-09-2008, 10:07 PM
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Re: GM and Ford take a beating on Wall St.
I sold my GM shares @ $60.00.Good thing or it would have been broke city.
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Dave "Big Dog" Breiner ak.a."Roktman" 96 Impala SS "The Roktship" ATI D1SC Procharged 396 775 RWHP/850 RWT / 2003 ISSCA Impala Nats " Best Of Show" Winner `04 #1544/3057 "BAD VENM" - 11:1 CR Forged Motor, JM Heads,237/240 .595 Lift Cam,Harland Sharp RR,PBJ Tuned ,Magnaflow,3" Mids,Bassani`s, Lambo Doors,Super Snake Hood,SPEC 2+,Tilton Flywheel,Cross Drilled Rotors,HAL/QA1`s,Remote Radar Detector and Jammers,V- 1 ,Custom Seats and Interior. 4.56`s,X Metal Shifter,2"/3"Drop,HID Heads and Fogs,Boss 313`s,Ultimate Pedals,1250W Alpine Stereo,Backup Camera,Dynamat,Checkmate Cover , Flamed Intake And Valve Covers,JMB CAI,Viper Badging,Clear Headlights,Custom LED Switches and Lighting,Billet Washer And Overflow Tanks. Billet Trim Inside/Motor,Braided Lines,Smoked Tails. Lots More. "A Ram 1500 looks like it can kick your ass.A Ram SRT-10 looks like it coming over to do it" Roktship In CuSStom.com More Truck And Car Pics  
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10-09-2008, 10:36 PM
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Re: GM and Ford take a beating on Wall St.
The stock market is insane .. I bought into Morgan Stanley today under $13 .. hopefully it will be a good buy.
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Jason Miller Webmaster / Founder 93 GAGT with 3800 Engine Swap (103,000 miles) 03 Full Size Silverado (220,000 miles) 96 Suburban 1500 (204,000 miles)
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