GolfHos
 
*
November 14, 2024, 09:35:25 AM
Username: Password: Duration:

I'd buy in for 10000 shares @ $0.01

 
Pages: [1]   Go Down
  Print  
Author Topic: I'd buy in for 10000 shares @ $0.01  (Read 1949 times)
0 Members and 1 Lurker/Spider are viewing this topic.
Aske
Lederhosen

Karma: 120
Posts: 31405
Offline Offline


View ProfileIgnore this user
I'd buy in for 10000 shares @ $0.01
« on: November 10, 2008, 12:25:59 PM »

http://online.wsj.com/art...47513857.html?mod=testMod    Shocked Shocked Shocked
Logged Return to Top

Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
stroh
Sleeveless Hoodie
From: Impact Crater Springs, CA

Karma: 155
Posts: 16135
Offline Offline

We're doomed!

View ProfileIgnore this user
Re: I'd buy in for 10000 shares @ $0.01
« Reply #1 on: November 10, 2008, 12:33:01 PM »

What is it a golf tournament?

Quote
Barclays now targets GM shares at $1, while Deutsche Bank slashed its target price to zero.
Logged Return to Top
Aske
Lederhosen

Karma: 120
Posts: 31405
Offline Offline


View ProfileIgnore this user
Re: I'd buy in for 10000 shares @ $0.01
« Reply #2 on: November 10, 2008, 03:40:34 PM »

Think about it, you can , for $100 (at a $0.01 price point) lay ownership to about .002% of GM.

Regardless of whatever happens to the company (and your $100 "investment") that would make an awesome story to tell your kids .  Very few people could ever have claimed to own that kind of stake LOL.   For around $100k you could own 2%


But really, the current market cap is about what, $1.5 B?   I'm surprised someone isn't buying them up just to sell off the assets
« Last Edit: November 10, 2008, 03:42:47 PM by Aske » Logged Return to Top

Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
Aske
Lederhosen

Karma: 120
Posts: 31405
Offline Offline


View ProfileIgnore this user
Re: I'd buy in for 10000 shares @ $0.01
« Reply #3 on: November 10, 2008, 03:57:24 PM »

to buy approx .002% of toyota, for example, would cost about .... $2M

Logged Return to Top

Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
gleek
Flak Jacket

Karma: 107
Posts: 9511
Offline Offline

E chu ta!

View ProfileIgnore this user
Re: I'd buy in for 10000 shares @ $0.01
« Reply #4 on: November 10, 2008, 05:08:57 PM »

Why would the gubmint loan billions of dollars to GM when they could just buy the entire company for $2B?
Logged Return to Top

Woman, open the door, don't let it sting. I wanna breathe that fire again.
Aske
Lederhosen

Karma: 120
Posts: 31405
Offline Offline


View ProfileIgnore this user
Re: I'd buy in for 10000 shares @ $0.01
« Reply #5 on: November 10, 2008, 05:42:35 PM »

Why would the gubmint loan billions of dollars to GM when they could just buy the entire company for $2B?

good ?  let the gubmint run it and lose $20B a year but potentially get the profit if it's ever turned around. 
Logged Return to Top

Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
Pages: [1]   Return to Top
  Print  
 
Jump to:  

Related Posts
Stock market plunging again
I buy shares into several Index funds on a regular basis... so the shares I boug
by ForeDucks

If only this were true
Yikes.  Didn't like how FB opened.  I dumped my shares at 39.Were
by dystopia

If only this were true
Yikes.  Didn't like how FB opened.  I dumped my shares at 39.Were
by gleek

Learn about spaceage here (if anyone really wants to know such silly things)
Smart money is on Aske 10000
by spacey

 


 
  Powered by SMF | SMF © 2001-2009, Lewis Media

Dilber MC Theme by HarzeM