I'm thinking real hard about getting some. I've got a fair amount in my account and have watched the stock bounce around over the years. Made some decent money selling some of it a few years back. GM is NOT going to go under. They've got some tough times ahead, but at that price, it only has to move to $22 to double your money and that is not unreasonable. Of any of the Detroit 3, GM is in the best shape. I think Ford is real shaky. They're cutting heads like crazy. Old saying, you can't cut your way to prosperity. Plus, they've mortgaged the company (including the Blue Oval logo) and are burning through cash like crazy. That bill will come due and I don't think they'll have enough profits to pay it off. I'm sure their "restructuring" plan didn't include $4 gas and a plunge in SUV/Truck sales, which is where they make all their profit. Since the Ford family personal fortunes are tied to the stock, I'm guessing they' bail out and sell the company piecemeal before they let it go under. Just my .02.
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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