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Originally Posted by d69chris
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!
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They do not owe the Treasury anything.
This is not the place, but if you'd like me to explain -- shoot me a PM.
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Originally Posted by syr74
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That is an incredibly biased and......hrm...."questionable" source....yeah, that's about the right word; "questionable".
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Originally Posted by Russell James
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.
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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?