GTO question.

[MineralGrayGT]

Quick question, arguing with a friend and were arguing about whether 04-06 Gto's were built with bailout money. Where they?

[Rm360]

No, GM and Chrysler recived their bailout money in January of 2009

[Rosco]

You mean a Holden?

[9tee7pony]

The economy didn't tank until 2008

[tc x 4]

Originally Posted by 9tee7pony

The economy didn't tank until 2008

Yep, that's when I picked up 3000 shares of Ford stock for $1.30 a share. Everyone called me a fool, I'm laughing now. I knew I wasn't the only Ford die hard out there .

[DaBluedude]

Originally Posted by tc x 4

Yep, that's when I picked up 3000 shares of Ford stock for $1.30 a share. Everyone called me a fool, I'm laughing now. I knew I wasn't the only Ford die hard out there .

I did this too. But i bought at 1.13 I sold it around 13.80 later that year.

[1996v6stang]

How do you purchase shares like those?

[1lowGT]

Originally Posted by Rosco

You mean a Holden?

+1

[tc x 4]

Originally Posted by 1996v6stang

How do you purchase shares like those?

Deposit money into an account at a brokerage firm. Tell the broker what you want to buy, how many shares, and what you want to pay. When the market hits your price, he buys the amount of shares you told him to. They charge a small commission when you buy or sell. They made me sign legal papers advising me not to buy Ford and to diversify my money. I laughed and said put all $5,000 on blue, I can sell it today for $48,000.

[1lowGT]

Holy ****! That's awesome go back to him and laugh in his face.

[tc x 4]

Originally Posted by 1lowGT

Holy ****! That's awesome go back to him and laugh in his face.

Lol oh I will when I sell it, I'm waiting on the economy to turn around so I can really CASH out.

[1lowGT]

Smart.

[DaBluedude]

Originally Posted by tc x 4

Lol oh I will when I sell it, I'm waiting on the economy to turn around so I can really CASH out.

I wouldn't hold your breath. And even if it does, there is no reason to suspect that the stock price will go up. It just means they will be paying out some dividends likely. Which is nice, but you could do more with your money now.

[DerekJohnScott]

Originally Posted by tc x 4

Lol oh I will when I sell it, I'm waiting on the economy to turn around so I can really CASH out.

Too bad you couldn't have bought $100,000 worth the shares!

[tc x 4]

Originally Posted by DerekJohnScott

Too bad you couldn't have bought $100,000 worth the shares!

A poor man has poor ways.

---------- Post added at 12:44 AM ---------- Previous post was at 12:42 AM ----------

Originally Posted by DaBluedude

I wouldn't hold your breath. And even if it does, there is no reason to suspect that the stock price will go up. It just means they will be paying out some dividends likely. Which is nice, but you could do more with your money now.

Lol my broker gave me that same speech when I put it all on Ford.

[DaBluedude]

Originally Posted by tc x 4

A poor man has poor ways.

---------- Post added at 12:44 AM ---------- Previous post was at 12:42 AM ----------



Lol my broker gave me that same speech when I put it all on Ford.

Don't expect the stock price to go up much further. That isn't how economics or the stock market works.

[tc x 4]

Originally Posted by DaBluedude

Don't expect the stock price to go up much further. That isn't how economics or the stock market works.

I'm by no means an economist, nor do I claim to know much about the stock market. It was all intuition, and my intuition says hold on to it. If I listened to everyone else, I wouldn't have bought it in the first place.

[DaBluedude]

Originally Posted by tc x 4

I'm by no means an economist, nor do I claim to know much about the stock market. It was all intuition, and my intuition says hold on to it. If I listened to everyone else, I wouldn't have bought it in the first place.

I am an economist. And I focused my major on trading. Your best time to sell Ford is mid 3rd quarter. Worst time is in February historically. I wouldn't sell now. But I wouldn't hold it past the summer. Then next Feb I would buy again.

[UltArc]

Originally Posted by 1996v6stang

How do you purchase shares like those?

If you know what you are doing with stocks, do not use a broker. Make an account and do your own trades. Not worth the money to deal with someone like he is talking about.

I prefer scottrade, 500 to open, 14.00 USD to make a complete trade. E trade is decent, but 1000 to open.

[UltArc]

Originally Posted by DaBluedude

I did this too. But i bought at 1.13 I sold it around 13.80 later that year.

When was it this low? I got in around 1.6x and sold when I doubled my money. I don't recall it ever being so low.

[tc x 4]

Originally Posted by DaBluedude

I am an economist. And I focused my major on trading. Your best time to sell Ford is mid 3rd quarter. Worst time is in February historically. I wouldn't sell now. But I wouldn't hold it past the summer. Then next Feb I would buy again.

What's a hot tip for todays market, I'm ready to roll the dice again. I normally flip a motor cycle this time of year.

---------- Post added at 01:09 AM ---------- Previous post was at 01:06 AM ----------

Originally Posted by UltArc

When was it this low? I got in around 1.6x and sold when I doubled my money. I don't recall it ever being so low.

Nov of 08 I think it went that low, I bought on the way up.

[UltArc]

Originally Posted by tc x 4

What's a hot tip for todays market, I'm ready to roll the dice again. I normally flip a motor cycle this time of year.

---------- Post added at 01:09 AM ---------- Previous post was at 01:06 AM ----------



Nov of 08 I think it went that low, I bought on the way up.

Yours makes sense, I saw Ford go as low as 1.21/share, I was wondering when it hit 1.13. I never saw it so low.

[DDTCM]

Well this was thread jacked quick.