When can we expect the Big 3's stock to go up from the $25B?

[StageLeft]

This time I am serious. These companies are done. I imagine there will be a rally in their prices once the $25B kicks in--if it's not already, but they are absolutely doomed as we know them now. I really believe this more than any predictions about oil prices or anything else. I really, truly want to put my money where my mouth is this time :0

Also, which one is best to short? I'm leaning Ford.

 

[Pliablemoose]

Ford.

Have you honestly looked at the Flex? Ugly, poor MPG, absolutely screwed timing for it's introduction with current gas prices.

 

[NaughtyGeek]

Smart money would say Chrysler will be the first to go. Hell, even the Germans couldn't right that sinking ship. IMO, Ford would be the last to fall and I'd say they're the most likely to turn things around.

 

[The-Noid]

As of now you can't short GM or Ford. My guess is that the ban will lost longer than tomorrow.

 

[miketheidiot]

i would think gm woudl be fine, they make good cars that i would like to buy.

 

[JS80]

they need to BK already and get rid of their high personnel costs

 

[SP33Demon]

Originally posted by: miketheidiot
i would think gm woudl be fine, they make good cars that i would like to buy.

Agree, I like some of GM's new green cars (and not the hybrid escalade lol). Ford's aren't bad, but deal vs deal I'm going GM vs Ford. The only saving grace for Ford has been the Hybrid Escape (Obama's car lol) and the F150 (trucks aren't holding value). If Ford goes under, does that mean Mazda is done as well? I like some of the Mazda compacts.

 

[StageLeft]

Originally posted by: Yoxxy
As of now you can't short GM or Ford. My guess is that the ban will lost longer than tomorrow.

I thought the shorting limitation was on financials only?

 

[dmcowen674]

Originally posted by: Skoorb
This time I am serious. These companies are done. I imagine there will be a rally in their prices once the $25B kicks in--if it's not already, but they are absolutely doomed as we know them now. I really believe this more than any predictions about oil prices or anything else. I really, truly want to put my money where my mouth is this time :0

Also, which one is best to short? I'm leaning Ford.

It will be hard to find a place to even buy a car in many places in the U.S.

Nearly 4,000 Dealerships expected to close by end of the year.

I lived in Atlanta for 14 years, Bill Heard commercials were on TV all the time.

10-1-2008 3,800 U.S. car dealerships could fail

3,800 U.S. car dealerships could fail

Bill Heard Enterprises Inc, one of the biggest General Motors Corp Chevrolet dealerships, filed for bankruptcy on Sunday

At its peak, Alabama-based Heard's revenue was about $2.5 billion per year, according to the bankruptcy filing.

"An increasing number of dealers are simply closing their doors because sales have plummeted, credit has dried up, the overall retail environment is increasingly challenging and potential investors are sitting on the sidelines," said Paul Melville, a partner with Grant Thornton LLP, which issued the forecast.

 

[redgtxdi]

Cool..........lookin' to pick up a smokin' deal on a new car soon!!!