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With China buying a huge chunck of the stock, I'd sell before reality sets in. How long before the Chinese government owns the majority of stock? Will the Chinesse start opening GM plants in China and closing plants in the USA?Originally Posted by Buzz
And, what about Ford having to compete against the government?
Buy American now means, buy Ford. As a tax payer, I want my money back from Gooberment Motors!
Last edited by Franco; 11-18-2010 at 01:50 PM.
Where do we go without great leaders for the defense of our liberties? Who will defend our right to live our lives _as we chose_ without others taking that from us? The answer is, as it should be, no one. We are the defense of our rights and should always remember that. Libertarian blogger
What I read was that SAIC Motor, China's largest auto manufacturer bought a little less that 1% of the stock. About $500 million worth.
Do you have any stats on how much F stock is owned by foreigners?
How much of FOX is owned by foreigners. Doesn't stop wingers from watching...
"For everyone to whom much is given, of him shall much be required." -- Luke 12:48
Raven - Moneybird's Black Magic Marker***
(Esprit's Power Play x Trumarc's Lean Cuisine)
Mick - Moneybird's Jumpin' Jack Flash***
(Clubmead's Road Warrior x Oakdale Whitewater Devil Dog)
Peerless - Moneybird's Sole Survivor
(Two River's Lucky Willie x Moneybird's Black Magic Marker)
China owns ZERO percent of Ford Preferred Stock. No one knows how much Common Stock is owned because much of it is tied in with Mutual Funds.
Where do we go without great leaders for the defense of our liberties? Who will defend our right to live our lives _as we chose_ without others taking that from us? The answer is, as it should be, no one. We are the defense of our rights and should always remember that. Libertarian blogger
Well, this stock owner hopes that your next vehicle will be a Ford!
"For everyone to whom much is given, of him shall much be required." -- Luke 12:48
Raven - Moneybird's Black Magic Marker***
(Esprit's Power Play x Trumarc's Lean Cuisine)
Mick - Moneybird's Jumpin' Jack Flash***
(Clubmead's Road Warrior x Oakdale Whitewater Devil Dog)
Peerless - Moneybird's Sole Survivor
(Two River's Lucky Willie x Moneybird's Black Magic Marker)
Love the Ford F150 I'm driving now but thinking of getting a new Nissen Titan when they come out early next year. Titan is being built in neighboring Mississippi.
But, how unfair to Ford with having to compete against the government on tax payer money we will never see returned to the treasury. This GM IPO will only reduce what they owe tax payers by 49%, if they think they can sell as much of it as projected the debt will be reduced 49%.
With an IPO at $33. I seriously doubt it will get higher but, you can bet it will go down before it ever goes up.
Last edited by Franco; 11-18-2010 at 02:40 PM.
Where do we go without great leaders for the defense of our liberties? Who will defend our right to live our lives _as we chose_ without others taking that from us? The answer is, as it should be, no one. We are the defense of our rights and should always remember that. Libertarian blogger
Sure glad I bought Ford stock at the same time I bought GM....Ford makes up for the GM (Liquidation) crap I have now (21 cents a share). Personally......I'll never own another GM product or share again....neither will the company I own.
"What a difference a week makes. This week I feel like a football coach. Last week I felt like Britney Spears' choreographer."
Coach Bob Green, Montana Tech
They are going public not private
Is this you in the photo?
Just can't give credit where credit is due.
They went public not private! They were private until yesterday.
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