11-20-2010, 06:15 PM
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#32
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Apprehensive Optimist
Drives: '10 SS/RS SIM
Join Date: Sep 2008
Location: JAX
Posts: 1,383
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Quote:
Originally Posted by h2oplay
I'm not so excited as I was an original stock owner...
GM is a house of cards.......
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Me too...
Quote:
Originally Posted by FEARONE
You missed the point Mr P.T. Barnum  The point was the WACKOS that talked & wanted it to fail when the Gov. took over i.e. GM=Government Motors. Little by little GM will come back strong as ever thanks to OUR Gov stepping in.... 
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so...we can look forward to having to bail them out AGAIN???
Quote:
Originally Posted by DGthe3
You lose your money the instant you buy stock (after all, money is what you buy stock with ... ). Beyond that, you just hope you get more out than you put in.
Afraid to lose money investing? Keep your cash in a savings account at your bank.
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Obviously missed the point on this one...
Quote:
Originally Posted by h2oplay
I disagree, GM would have restructured, which wouldn't have been good for the union, who happened to make out quite well, while burning us original loyal stock holders. I personally don't want to see anyone fail, including my competition. I blame GM (mis)management for the debacle THEY created.
GM stock has been in my family for over 50 years, we got screwed hard, my father was a lifetime employee and is most likely spinning in his grave. Left alone, they would have emerged a leaner stronger company without the major screwing we took..... Let's not forget, other US automakers where doing OK as the big 3 where tanking, this was an opportunity to repay political partners..... nothing more, nothing less, it was sickening...
OK, off my soapbox and back to luvin our favorite cars..... 
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and...here's the point....saved me from having to type it....
__________________
Car is for sale ---> http://www.camaro5.com/forums/showthread.php?t=158486
Current Summary:
Engine:Phase One-(All work by Vengeance Racing): Custom Cam, AR Headers, ported throttle body, ported intake, custom tune, dual valve springs, hardened push rods, under drive pulley, thermostat, Vararam CAI, C5R timing chain, Melling oil pump catch can, breather, MagnaFlow Sport Axle Back
Suspension: Pfadt Sport Sway Bars, Pfadt drop springs
Other: MGW Shifter, Custom Paint
my build journal ----> http://camaro5.com/forums/showthread.php?t=30057
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