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Time flies. Well, they did end up going bankrupt.
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I like having dialog with myself; I suppose it's the same as thinking outloud.
I'm far from being a genious, but I don't think one need be a sage to see what's coming for auto companies. I think a modest amount of business acumen would do the trick in this case. I find it AMAZING that I'm the only one who thinks this way. It isn't that these companies are bad companies. My thesis is that the well is drying up for a few years unless they are targeting that lucrative Amish market, and with the enormous debt that have, times will be tough. There must be a REASON why S&P and Moodys put GM on credit watch. It comes down to VALUATION. I know they reafirmed "guidance" for the next quarter but is that as far out as you look when you decide to buy a company in the real world?
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MrArbitrage said:
I find it AMAZING that I'm the only one who thinks this way.

Don't think that you're the only one who thinks that way. Most of us do. But we don't blurt out our every thought. You are a real piece of work, my man. I wopuld love to short GM, but I can't wake up early enough.

-Rich
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Time flies. Well, they did end up going bankrupt.
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