Federal Moguel was trading at $60 in about 1999. Lots of people bought it at $30. Lots bought it at $15, $7.50, $3.75, $2, $1. Cant go any lower right? A buddy of mine and myself used to do a lot of stock trading. We always used to laugh about the can't go any lower saying. We used to have one too. If it isn't to zero yet it can and will go lower! I bought some federal moguel at $25 and sold it at $30. Then I bought it 6 months later at $20 and sold it at $15! It went to zero. Buying individual stocks is rissssssssky! Only do it with money you can afford to not have. Gm could be ok. It would be better if they had a flying car that burned CO2.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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