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10-15-2008, 12:30 PM
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#15 |
           
Drives: fanboys and ass kissers crazy. Join Date: May 2008
Location: Ottawa, Ontario
Posts: 7,275
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Stock is down 3% on the day. I think it will go back and test it's lows again.
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"BBOMG - More than just a car show.... It's an experience!"
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10-15-2008, 01:02 PM
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#16 |
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Sales Guru
Drives: 2010 Camaro Join Date: Oct 2008
Location: Northern Idaho
Posts: 34
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I bought it at 4.06 a share. Bought 500 shares, so I am pretty happy, hell it can't go any lower =)
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Shane Greenfield
Dave Smith Motors - Kellogg Idaho 1-800-635-8000 ext. 1262 Ordered! 2LT w/RS Aqua Blue Metallic Manual |
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10-15-2008, 01:06 PM
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#18 | |
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Drives: fanboys and ass kissers crazy. Join Date: May 2008
Location: Ottawa, Ontario
Posts: 7,275
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Quote:
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"BBOMG - More than just a car show.... It's an experience!"
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10-15-2008, 01:09 PM
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#19 |
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FASTER!
Drives: Challenger Hellcat, 2SS Camaro Join Date: Apr 2008
Location: Middle Tennessee
Posts: 2,244
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I've been watching the markets myself. I'm kicking myself for not buying Wachovia when it was .01 (1 penny). It's $6.50 now. I could've retired at a very early age.
Everthing's a risk with the market. It's like going to Vegas, only the odds are a tad better since you have more time. Just be sure the money you put in is disposable just in case. |
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10-15-2008, 01:21 PM
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#21 |
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Drives: fanboys and ass kissers crazy. Join Date: May 2008
Location: Ottawa, Ontario
Posts: 7,275
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What would happen to your stock if GM goes Chapter 11? I am trying to remember what happened to the Chrysler shareholders when it went under.
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"BBOMG - More than just a car show.... It's an experience!"
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10-15-2008, 01:36 PM
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#22 | |
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Drives: fanboys and ass kissers crazy. Join Date: May 2008
Location: Ottawa, Ontario
Posts: 7,275
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Here is how the SEC summarizes what may happen to stock- and bondholders during Chapter 11: "During Chapter 11 bankruptcy, bondholders stop receiving interest and principal payments, and stockholders stop receiving dividends. If you are a bondholder, you may receive new stock in exchange for your bonds, new bonds or a combination of stock and bonds. If you are a stockholder, the trustee may ask you to send back your stock in exchange for shares in the reorganized company. The new shares may be fewer in number and worth less. The reorganization plan spells out your rights as an investor and what you can expect to receive, if anything, from the company."
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"BBOMG - More than just a car show.... It's an experience!"
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10-15-2008, 01:49 PM
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#23 |
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www.Camaro5store.com
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DAMNIT!! I want to buy stock too! I should call USAA and see if I can invest what I already have in GM. Shoot...I'm going by the bank, I'll do just that.
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10-16-2008, 02:34 AM
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#24 |
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Chevrolet For Life!!
Drives: 07 Chevrolet Silverado Classic Join Date: Jan 2008
Location: Phoenix, AZ
Posts: 351
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Ha i would have loved to invested into GM but just don't have the money
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When You're Really Good In A Past Life, You Come Back As Yourself!
Future Plate: PNYHNTR Camaro of Choice: 2010 SS 6.2L 6M IOM Current Ride: 2007 Silverado Classic Ext. Cab 5.3L DBM  |
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10-16-2008, 02:36 AM
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#25 |
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Camaro➎ moderator
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I told you guys.You should've invested before they started going up.
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10-16-2008, 02:48 AM
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#26 |
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Drives: challenger Join Date: Jul 2008
Location: miami
Posts: 2,338
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its back down to 5.... i am buying the minute my stupid bank transfers my money.
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10-16-2008, 03:34 AM
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#27 | |
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Not That sad..considering
Drives: Man Join Date: Aug 2007
Location: the part of washington the capital forgot about.
Posts: 3,745
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Quote:
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Stop Whinging
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10-16-2008, 04:00 AM
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#28 |
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Drives: challenger Join Date: Jul 2008
Location: miami
Posts: 2,338
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lol
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