Take a Gamble make some GOOD money now!!

[tiznow]

yeah like husker said if you wanna gamble on the long side right now go with companies that aren't in risk of folding

i'm a mega bear but the most near term bullish i've been since the bear started

if they can pump the dow back up to 10k+

i will be a hyper mega bear again

longer term we taking out the 2002 lows which we tested the last few days

and dow likely going 5k or lower

 

[TTinCO]

Thing is GM may not go away, but the common stock will. WAMU is an example.

Bingo. Very, very possible

 

[Jabow]

Guys, no matter how you slice it, GM is not going down, with the economy the way it is after, the first bailouts and possibilities, the Reps and members of Govt would never, I repeat NEVER make this happen, even if they wanted to.

This will go against everything american

Remember, the japanese vehicles are number one, and to lose an american car maker would be devastating in many ways, and would you want to be the one who could have make it NOT happen and go in history like that, neither the dems or reps would let such a thing happen, not at this time, the domino effect would be unbelieveable, america would be bought out and have to answer to Japan, canada, europe, walmart, asia, it would be the END of the USA for sure, total moral breakdown in the country, suicides etc, cannot happen,

 

[Jabow]

And that goes for any of the US Auto Makers, well at THIS time though.

 

[Presto]

General Motors stock is now 2.88, it was about 60 dollars a few months ago, I say take the best gamble here and buy a bunch of GM stock, like baseball America will not make GM go away.



take that to the BANK!!

Nice trade.
GEN MOTORS

(NYSE: GM)
<style type="text/css" media="screen"> /* depending on the markup in portfolio page, it might make sense to namespace this at the module level */ .yfi_quote_summary_rt_top {font-size:110%;} .yfi_quote_summary_rt_top span {font-weight:bold;} .yfi_quote_summary_rt_top p {position:relative;} .yfi_quote_summary_rt_top .new {color:#EB6A08;font-size:85%;font-weight:bold;} .yfi_quote_summary_rt_top .up_g, yfi_quote_summary_rt_top span.up_g span {color:#008800 !important;font-weight:normal !important;} .yfi_quote_summary_rt_top .down_r, .yfi_quote_summary_rt_top span.down_r span {color:#F80329 !important;} .yfi_quote_summary_rt_top .time {font-size:85%;} .yfi_quote_summary_rt_top .help {position:absolute;right:0;text-indent:-999em;height:13px;width:13px;margin:4px 40px 0 0;overflow:hidden;background:url(http://us.js2.yimg.com/us.js.yimg.com/i/us/fi/images/yfi_quote_summary_sprite_200801141319.png) no-repeat 0 -187px;} .yfi_quote_summary_rt_top .batsattrib {text-decoration:none;color:#000;} </style> After Hours: 4.84

0.03 (0.62%)6:57PM EThelp

<table id="table1"><tbody><tr><td class="yfnc_tablehead1" width="48%">Last Trade:</td><td class="yfnc_tabledata1"><big>4.81</big></td></tr><tr><td class="yfnc_tablehead1" width="48%">Trade Time:</td><td class="yfnc_tabledata1">4:01PM ET</td></tr><tr><td class="yfnc_tablehead1" width="48%">Change:</td><td class="yfnc_tabledata1">

1.25 (35.11%)</td></tr><tr><td class="yfnc_tablehead1" width="48%">Prev Close:</td><td class="yfnc_tabledata1">3.56</td></tr><tr><td class="yfnc_tablehead1" width="48%">Open:</td><td class="yfnc_tabledata1">3.45</td></tr><tr><td class="yfnc_tablehead1" width="48%">Bid:</td><td class="yfnc_tabledata1">N/A</td></tr><tr><td class="yfnc_tablehead1" width="48%">Ask:</td><td class="yfnc_tabledata1">N/A</td></tr><tr class="end"><td class="yfnc_tablehead1" width="48%">1y Target Est:</td><td class="yfnc_tabledata1">3.00</td></tr></tbody></table><table id="table2"><tbody><tr><td class="yfnc_tablehead1" width="48%">Day's Range:</td><td class="yfnc_tabledata1">3.44 - 5.87</td></tr><tr><td class="yfnc_tablehead1" width="48%">52wk Range:</td><td class="yfnc_tabledata1">1.70 - 29.95</td></tr><tr><td class="yfnc_tablehead1" width="48%">Volume:</td><td class="yfnc_tabledata1">101,850,179</td></tr><tr><td class="yfnc_tablehead1" width="48%">Avg Vol <small>(3m)</small>:</td><td class="yfnc_tabledata1">33,927,600</td></tr><tr><td class="yfnc_tablehead1" width="48%">Market Cap:</td><td class="yfnc_tabledata1">2.94B</td></tr><tr><td class="yfnc_tablehead1" width="48%">P/E <small>(ttm)</small>:</td><td class="yfnc_tabledata1">N/A</td></tr><tr><td class="yfnc_tablehead1" width="48%">EPS <small>(ttm)</small>:</td><td class="yfnc_tabledata1">-38.74</td></tr><tr class="end"><td class="yfnc_tablehead1" width="48%">Div & Yield:</td><td class="yfnc_tabledata1">1.00 (27.90%)</td></tr></tbody></table>

 

[michael777]

<TABLE class=t0 cellSpacing=0 border=0><TBODY><TR class=altrows id=4381410541><TD></TD><TD>11/10/2008 15:27:43</TD><TD></TD><TD class=wrap>Bought 1000 GM @ 3.15
</TD><TD></TD><TD class=negChange style="PADDING-RIGHT: 9px" align=right>3,159.99</TD></TR></TBODY></TABLE>i am happy,at least for today :toast:

 

[Jabow]

taking the info I gave a few days ago would have made most of you easy money.

 

[Jabow]

hhhhmmmmmmmmmm, he closing price today was


$5.24

 

[FuriousDrew]

Nice tip Jabow.

 

[Jabow]

The key is you will be buying in cheap, sorry for the guys who bought in at say $30 and see it go to $60 now its $2.88.


If it goes to even 5 or $10, then cash out if you wish, still a good profit.

Well, Well, what can I say, of all the good bets, better than the sunday afternoon football sure winner, this is a sweet deal, dont you wish you bought in at $2.88 now huh?

 

[FuriousDrew]

Alright J, we said it was a nice tip already, don't be a douche about it now.

 

[Jabow]

I was only rubbing it in, for the first 5 or so posters who were so doubtful, and they probably made some bad bets this week already.