Quote:
Originally Posted by Ming
That's what they said about Ford stock at 7 dollars.
F - Ford Motor Company (NYSE)
$4.41 -0.30 (-6.37%) Jul 2 4:01pm ET
If you'd invested $10,000 then, well, you do the math...
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GM's current stock price is a low yet unheard of at Ford.
Ford stock right now is trading at ~$17 on a apples-to-apples scale compared to GM's sub-$10 stock.
Your example, Ford stock at 7 dollars, is absolutely not comparable to the kind of "opportunity" (if you like gambling) that GM is at its current price. You guys have to get in your heads that GM stock is at an INCREDIBLY LOW point right now (the equivalent of Ford stock trading around $2.00 if you must compare the two).