happening faster than you thought
02-25-2009, 12:47 AM
#51
0.0 BAR
Join Date: Apr 2006
Posts: 0
Re: happening faster than you thought
ford UAW took a 50% paycut, right there is 10b a year savings.
but they're going to be getting matched pay bonuses at xmas to ---- us back over after they get approved for more billions of govt ceo bailout money like the first 1.5trillion did
but they're going to be getting matched pay bonuses at xmas to ---- us back over after they get approved for more billions of govt ceo bailout money like the first 1.5trillion did
02-25-2009, 01:02 AM
#52
1.5 BAR
Join Date: Oct 2006
Posts: 964
Re: happening faster than you thought
Originally Posted by c0mpl3x
ford UAW took a 50% paycut, right there is 10b a year savings.
but they're going to be getting matched pay bonuses at xmas to ---- us back over after they get approved for more billions of govt ceo bailout money like the first 1.5trillion did
but they're going to be getting matched pay bonuses at xmas to ---- us back over after they get approved for more billions of govt ceo bailout money like the first 1.5trillion did
02-25-2009, 01:12 AM
#55
3.0 BAR
Join Date: Feb 2006
Posts: 2,808
Re: happening faster than you thought
Not sure why GM is still in trouble. They need to tell the unions to ---- the hell off. Then, everyone will realize, holy ----, we don't have a job anymore, and they will come back to the table and negotiate more in GM's favor, or not as a union at all.
02-25-2009, 01:39 AM
#56
1.5 BAR
Join Date: Nov 2005
Posts: 828
Re: happening faster than you thought
Originally Posted by onlyflash944
on an automotive note, wonder if investing in ford or gm's less than two dollars a share right now is a horrible idea. i think its a decent long shot my self
BUT if you do want to risk it, you should follow their union concessions and see what all they plan on doing to reduce spending and ----, then if it looks like a good deal wait until they are scheduled to announce their new plan to buy the stock, if its good news the stock will probably jump, then sell. you can go look at the stock price before and shortly after the bailout for the auto's was signed, think gm stock went up 2-3 dollars, so if you bought 1000 shares and it goes up a dollar you just made a grand (minus commision and taxes, etc).
you should know that every single research group advises either selling or avoiding that stock right now because its not expected to really move, and for the long term you have to consider your risk vs expense and alot of other ----, personally i'm investing in japan stocks buy buying ETF's, but you could buy stock in toyota and collect dividends until the market recovers, their stock is about 50% what it was this time last year.
02-25-2009, 02:31 AM
#57
0.0 BAR
Join Date: Dec 2005
Posts: 0
Re: happening faster than you thought
Originally Posted by Stealthmode
The prices haven't changed, but it seems Saigas are back in stock just about everywhere.
02-25-2009, 02:37 AM
#59
0.0 BAR
Join Date: Dec 2005
Posts: 0
Re: happening faster than you thought
Originally Posted by Urban Indian
doesnt GM/Ford/Chev plant employees make $70 hr?
they need to all be fired
then re-hired for decent wages
$40 doesnt sound unreasonable
they need to all be fired
then re-hired for decent wages
$40 doesnt sound unreasonable
