View Single Post
Old 11-20-2010, 11:28 PM   #81
Mr. Wyndham
I used to be Dragoneye...
 
Mr. Wyndham's Avatar
 
Drives: 2018 ZL1 1LE
Join Date: Jan 2007
Location: Buffalo, NY
Posts: 31,873
Send a message via AIM to Mr. Wyndham
Quote:
Originally Posted by d69chris View Post
They still owe the tax payers BILLIONS and expect us to buy more stock!

I didn't own any, but know people who lost their ass!
They do not owe the Treasury anything.

This is not the place, but if you'd like me to explain -- shoot me a PM.

Quote:
Originally Posted by syr74 View Post
That is an incredibly biased and......hrm...."questionable" source....yeah, that's about the right word; "questionable".




Quote:
Originally Posted by Russell James View Post
If I had hundreds of millions to go stock shopping with, I'd peak at what Warren Buffett/Berkshire Hathaway has been buying lately. Coke, Wells Fargo, American Express, Kraft, Proctor & Gamble, Wal mart...

I can't remember seeing him dabble in the US auto industry lately.
Of course not. The situation is anything but concrete....the ENTIRE Industry. Gas prices are rising, sales are...good, but not great. Debt is still a problem for most companies, others don't seem to know their foot from their elbow, and competition is FIERCE.

Warren Buffett doesn't take chances. That's not a reflection of the viability of xxxxx stock though. Otherwise...what? Investors should sell anything he doesn't own?
__________________
"Keep the faith." - Fbodfather
Mr. Wyndham is offline   Reply With Quote