Quote:
Originally Posted by Bogie
I'd be tempted to buy at $10 a share, on speculation. But only with money I can lose. For me, maybe 100 shares.
1. If GM goes belly up, I will frame the certificates and sell them on Ebay, and save a few as a reminder.
2. If GM rebounds, I have the potential for a nice windfall over the next few years.
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How do you read my mind so well guy?
Merrill Lynch is predicting it will hit bottom at $7.00 per share. I am tempted to hold out until then to buy. However, I will probably buy if it gets anywhere near $8.
I like the ebay bit!
