Stock Market

[MMDad]

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So who has been taking advantage of the recent stock market turmoil?

I bought three different stocks last week and they are up 260, 115, & 110 percent. These are short term gambles for me, but I'm loving being able to take advantage of the opportunity !

I also bought Ford and GM recently. I think that they are bottomed out and will be great long term investments.

 

[AK-74me]

I have no more cash I am willing to risk in stocks right now, I pulled the trigger a little too soon on a transaction and got burnt this time around. It was gambling, not investing per se though and I realized that.

 

[Larry Gude]

What did...

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So who has been taking advantage of the recent stock market turmoil?

I bought three different stocks last week and they are up 260, 115, & 110 percent. These are short term gambles for me, but I'm loving being able to take advantage of the opportunity !

I also bought Ford and GM recently. I think that they are bottomed out and will be great long term investments.

...you get Ford for? I was think back when it was at $6, just like you are.

 

[MMDad]

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Wirelessly posted (Mozilla/4.0 (compatible; MSIE 6.0; Windows CE; IEMobile 7.7) 320x240; VZW; Motorola-Q9c; Windows Mobile 6.0 Standard)

So who has been taking advantage of the recent stock market turmoil?

I bought three different stocks last week and they are up 260, 115, & 110 percent. These are short term gambles for me, but I'm loving being able to take advantage of the opportunity !

I also bought Ford and GM recently. I think that they are bottomed out and will be great long term investments.

...you get Ford for? I was think back when it was at $6, just like you are.

I paid $4.36. It's at $4.82 right now.

 

[Larry Gude]

So...

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I paid $4.36. It's at $4.82 right now.

...my thinking then was off. Is yours now? Why are they going to go up and when?

 

[Bavarian]

US Auto makerrs re risky now. Their sales internationally are strong, but not here. They are too weighed down by old union deals, made when times were good.

I think food stocks are good, people always have to eat. Recently added K, PEP, and JNJ to one portfolio.

 

[oldman]

My Budweiser stock is only down $2 since this turmoil came up. Prior it was the highest it's been in years. Got one share as a gift 18 years ago ($20) and let it ride as it is only a novelty to me and now have almost 43 because of splits and I let them reinvest my dividends back into it. I support them all I possibly can and encourage all my friends to do the same

 

[MMDad]

...my thinking then was off. Is yours now? Why are they going to go up and when?

I think that their big downturn is due to high oil prices and they had too many big, low mileage vehicles. That gave market share to the imports.

Two things are happening: oil is coming down and the car makers are getting more efficient.

I don't think that this will be a quick rebound, but if I'm right I hope to be able to retire at 60 instead of 67.

 

[Chain729]

After the commodity market blew up, I stopped watching. Banks, as well as the hedges for banks both tanked. It seems money didn't shift, it just got put into cash. People got tired of trying to figure out what to hedge, how and when, and said to hell with it all.

I'd have had a nice profit if I had sold before that happened.

 

[LateApex]

I have been dumping as much money as I can get a hold of into the stocks I have and even increased my 401k contributions.

I'm hoping to retire when I'm 50...

 

[AK-74me]

I have been dumping as much money as I can get a hold of into the stocks I have and even increased my 401k contributions.

I'm hoping to retire when I'm 50...

Hope you have also been hedging that with some rifles, ammo, and propane tanks.

 

[LateApex]

Hope you have also been hedging that with some rifles, ammo, and propane tanks.

Funny thing I just got done breaking down/cleaning my AR-15 and CAR-15 last night. Pulling out my hand guns tonight.