Buffett ignores Facebook, invests in GM. Could it be becuz of C7?
06-11-2012, 10:00 PM
Race Director
Thread Starter
Member Since: Feb 2012
Posts: 10,776
Likes: 0
Quote:
Originally Posted by
SCM_Crash
All things considering, GM is a good bet. They've come a long way since the economy crapped its pants.
How can you say that when it came out at $34 and hasn't gotten anywhere close to that since? How is this different than what FB has gone through?
06-12-2012, 09:22 PM
Le Mans Master
Member Since: Feb 2000
Location: Oakland, CA
Posts: 8,099
Quote:
Originally Posted by
BlueOx
How can you say that when it came out at $34 and hasn't gotten anywhere close to that since? How is this different than what FB has gone through?
Maybe it's a good bet now at $22
06-13-2012, 03:48 AM
Le Mans Master
Member Since: Jul 2009
Location: Los Angeles California
Posts: 9,526
Likes: 0
Quote:
Originally Posted by
BlueOx
How can you say that when it came out at $34 and hasn't gotten anywhere close to that since? How is this different than what FB has gone through?
You ever use MACD charts?
06-13-2012, 03:51 AM
Team Owner
Member Since: Feb 2001
Location: Short Hills, NJ
Posts: 27,067
Quote:
Originally Posted by
Jinx
Maybe it's a good bet now at $22
Could be.
06-13-2012, 09:14 AM
Melting Slicks
Member Since: May 2004
Posts: 2,378
Quote:
Originally Posted by
SanDiegoBert
The C7, although I doubt Warren Buffet even knows what it is, is a miniscule portion of GM's business plan.
This.