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Is my bet paying off? --> F

SunnyD

Belgian Waffler
Bought some F a a couple months ago when things were bleak for the entire industry. Oddly, F was trading lower than GM, but F looked a bit more stable. Now GM is taking it up the ass, and F is up about 15% today, and nearly double what I bought it for. This was back when others were jumping on GM because they figured the bailouts would make it profitable.

Who's laughing now?
 
Somehow I knew this thread would get interested based on one and only one thing...

This thread is brought to you by the letter "F".
 
Originally posted by: SunnyD
Somehow I knew this thread would get interested based on one and only one thing...

This thread is brought to you by the letter "F".

"Like the zookeeper said to the last male panda 'F that!'" --Zero Punctuation
 
It's quite odd - while I am slightly nervous about holding onto C... I'm way too scared to buy into F, or anything in the auto industry, at least American. I love them, but not a single one has gotten their shit together... although I should realize F shouldn't be in any real trouble of declaring bankruptcy, and at this point has tremendous growth potential... I just can't bring myself to do it. That, and I'd like to own more than a few shares, and I've been keeping away from basically anything over $2... trying to maximize the potential for large growth percentages.
 
I bought F back at 1.50...so have doubled my money and then some...will likely bail on it at the end of this month as if things start getting even more bleak at GM they will bring down the entire industry
 
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