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CBS: GM C11 Could Be A Bargain
by
Robert Farago
(IC: employee)
Published: March 10th, 2009
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Robert Farago
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Published March 10th, 2009 9:08 AM
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@ RF All I got was a loop of some stupid colonoscopy ad. Maybe the GM sensation is the same...
Something else to chew on: GM may be dropped from the Dow Jones index.
Seems to me that when you hear "at least $50B," you should be ready to pullout triple. I have no statistics for this, just life experience. Now, "at least $50," means something like 50 to 75, but something about that "B" on the end means it's going to triple. Just saying. Overall, I agree with the idea that faster is better, and have a feeling that the recession will last x months past the point everyone figures out the government is done interfering. We can start now, or later, but it will still take the same amount of time.
It's time to just rip off the band aid. It will sting a lot at first, but it will help the heeling process at the end.