You sound as surprised as the Johnny Irish, Reimor etc. Johnny "Take it to the bank". Hey Johnny i couldnt help rubbing it in. Sorry!:oQuote:
Originally Posted by julietoo
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You sound as surprised as the Johnny Irish, Reimor etc. Johnny "Take it to the bank". Hey Johnny i couldnt help rubbing it in. Sorry!:oQuote:
Originally Posted by julietoo
Trip,
Too busy to follow the past few weeks, didn't miss much. I picked the low at .342 and should have sold around .39 but I like to be in the game before I make any trades. I almost picked off 10k around .3 but I felt if it breaks we could see maybe even .28-.27.....so I waited, its ok to be wrong sometimes Trip....especially when the Kant greater good is achieved. Good luck all, I'm feeling a run up coming, MM can't keep a good company down forever.
PS For all the non-Stern listeners, listen to the start of one of the replays today fin hilarious, first few minutes are great....Stern talking about company beatings, not meetings. LOL. I had a company beating on Friday so it resonated well with me. Noonish on 100! I'd pay 50/month for those kind of laughs.
yeah ben i have to agree there. there are a few things worrying me about siri but hopefully they are ignored. SCREW U MARKET EDGE
John,Quote:
Originally Posted by john
Probably shouldn't have put the word BREAKING in there. But
I did put this little guy :rolleyes: to show what a surprise
that was to all.
Living here in Michigan, it's the only thing that's been discussed
other than the weather, for the last month.
Thanks for the link, :D
Julie
Quote:
Originally Posted by lloyd Handwerker
Thats a load of crap, GM, and Ford gave the people exactly what they wanted, SUVs. It was not to long ago every analyst were jumping all over Toyota, ect., ect., for being behind in the SUV/Truck market. The fact is it was the unions that broke the US auto companies. You cant pay people for not working (job bank) and stay in business, you cant pay people twice what Toyota is and stay in business. You can say what you want but what could GM do. The unions had the democrats full backing in doing what they did to the US auto companies. I also blame dumb ass people that think they could keep the us economy running or the auto industry would not effect them, well if people get layed off from the auto industry they cant buy computers can they. So keep buying those foreign cars, I dont care as long as you keep your mouth shut about the bad economy. As far as I am concerned once you buy that foreign car your part of the problem not the solution. You cant be all for unions then piss on them by buying a foreign car.
https://wwws.ameritrade.com/cgi-bin/apps/Main
Quote:
The Dow Jones Industrial Average surged late Friday, ending up 96.53 points, or 1.1%, at 8500.33, and up 4.1% for all of May. The Dow rose more than 100 points in the last hour of trading as investors decided to take money off the sidelines and jump in.
"The momentum for the opening seems relentless," said David Buik, market analyst with Cantor Fitzgerald, who added that it's also looking a little too frenzied to him. "In the last 20 minutes on Friday, the S&P went from 908 to a high of 920.
"Yes, it was month end and a number of 'missed the boat money managers' had to get invested, but these last 20-30 minute rocket rides have been going on for the last two months, especially when the market reaches a breakdown point the powers that be are not letting this market correct," Buik said.
"It appears that the same mistakes are being made as those made in not allowing the economy to correct when it needed correcting at the turn of the century. A lack of correction often comes with a bitter price to pay."
You have a myopic view of what brought GM down. Its way more complex than simply talking about unions. Obviously the bad recession has a lot to do with it but to not acknowledge that there was a lot of incompetence by management is really to stick your head in the sand. Anyone with a certain amount of objectivity knew as soon as gas prices went past a certain price people would want to abandon their gas guzzlers. The goalQuote:
Originally Posted by john
of a good company is to see the future and be prepared for it.
I just bought a truck and an SUV, the difference in gas barely comes into play until your talking 30++ mpg, going from 18mpg to 24mpg isn't worth being uncomfortable.
In fact, the salesman had just sent off a couple who bought a hybrid and he laughed he said:
Quote:
Originally Posted by saleman
I hear you John, GM is dead and going forward as a new leaner meaner company ready to take on the world is bull shit. I buy Fords, always have always will. They do one thing better than Chevy and Dodge and that is run. My 02 F150 has 375000 original miles, 4.6L V8 Triton is an amazing engine. I cruise around in in 08 F250 6.4L turbo diesel, extended cab with and 8' bed, every feature Ford offers and a few they don't.....Let me tell you this thing is an ass kicker...pulls anything I put back there and gets 13mpg. 36 Gallon Tank 75 dollars to fill and goes close to 500 miles.
We own GM and will never see one penny of the money they have been lent. IMVHO.
Out
No argument with you. Of course if you bought a prius you could get closeQuote:
Originally Posted by imromo24
to 50. New Cafe standards are about to force US car companies to go where
they should have gone a long time ago.
Car companies need to lead just like Gov't when it comes to overall energy policy.
Following doesn't cut it. Just returned from Spain working on a documentary
about infrastructure. They have a great high speed train system which by the
way is built through a unique partnership between private business and Govt.
Its quite successful financially.
Ha i always say "time for my morning beating, im mean boring meeting..oops, sorry morning meeting..."Quote:
Originally Posted by Big Ben
Also, Don't forget channel 56 on xm, (jamon channel) Dave Matthews band all week.
Quote:
Originally Posted by lloyd Handwerker
Are you kidding me it normally takes a car 4 to 5 years to go from concept to the show room. The Viper was an exception to the norm and that still took over 2 years. The price of oil was inflated by speculators, not by supply and demand. Hell just look at the price of it today with 2.4 billion barrels of oil just sitting in tankers (used as storage).
well my first vehiclewasa ford ranger, it was cool, ran good reliable, second car was a chevrolet cavalier, didnt have any problems with this had it for 10 years. then i went and bought anouther chevy and now those bastrds are bk, im driving around a bk car. jerks
Yes, but after I heard the first offer to bondholders, It didnt look good. Ill admit I was wrong. What I should of said, was their is no way they let a messy BK happen. This is neat and pretty. In and out. All they really have to do is get a judge to sign off on everything, and they are Government Motors, ready for business.!!!:DQuote:
Originally Posted by lloyd Handwerker
Wow now thats what I call a real scientific poll. LOL>Quote:
Originally Posted by imromo24
Prove that with regard to the new Prius or the honda civic hybrid or new honda hybrid. Put your money where your mouth is
Now i would agree with you about a bunch of hybrids the US car companies and even the Japanese are turning out right now which are BS financially.
I hate to inform you, however, that the FUTURE of the automobile is hybrids and electrics as well as better diesel (check Europe) and in 10 years you will pretend you never said what you said. :D
I always said the bondholders would be the difference. The aim was alwaysQuote:
Originally Posted by relmor2003
just what they did with Chrysler which is out of bankruptcy starting tomorrow.
Im hoping that GM will be out of bankruptcy shortly (they are talking 2 to 3 months).
Sure, unions caused huge problems. And yes, the public wanted SUVs. And, with gas prices down, they still do! I personally think that the Japanese (and others of late) entry in the US market created too much capacity, and the American companies failed to react quickly enough to effectively keep them out. Union wages, union rules affected cost and quality, to your point. Consumers will always make choices in their own best interest, so the 'buy American' campaigns never work for long. Companies either compete or die. And, auto companies that build 'green' cars that use inefficient and expensive technology will not be competitive, especially with low fuel costs. The gov't can madate all they want about green technology, but they can't force the natural development of cost effective solutions. They are either discovered or they're not. Economics drives this, not policy. Socialism always fails in the long run. Not many true technical and scientific discoveries coming out of socialist countries. Capitalism is necessary for progress. Proven time and time again.Quote:
Originally Posted by john
Damn John, you stole my thunder. Im glad to see you finally agree with me on why the entire american economy is at such a huge disadvantage to other countries. We have a sickness here. We actually CARE about our workers, and people. And the environment. If the world wont play fair, either everyone changes, or we have to change. Or all domestic business's will continue to struggle. And Obama and his health care agenda is literally just throwing fuel on the fire.Quote:
Originally Posted by john
Yes, GM died because their union was too strong, their cars too expensive to bulid, and high gas prices ruined them. Plus you dont make your bottom line profitable only at MAXIMUM output. Was this the monster they inherited? Was this the only way to make the past makeup of GM profitable? Was the first economic slowdown and high gas prices simply the ticking time bomb with this company? Outside of BK, could ANY CEO have made it work? Or course not.
That is exactly what i am talking about with regard to forward thinking.Quote:
Originally Posted by john
I could show you lots of articles from years ago predicting exactly what has happened. The writing was on the wall. Then of course we probably follow very different sources of information.