I'm thinking real hard about getting some. I've got a fair amount in my account and have watched the stock bounce around over the years. Made some decent money selling some of it a few years back. GM is NOT going to go under. They've got some tough times ahead, but at that price, it only has to move to $22 to double your money and that is not unreasonable. Of any of the Detroit 3, GM is in the best shape. I think Ford is real shaky. They're cutting heads like crazy. Old saying, you can't cut your way to prosperity. Plus, they've mortgaged the company (including the Blue Oval logo) and are burning through cash like crazy. That bill will come due and I don't think they'll have enough profits to pay it off. I'm sure their "restructuring" plan didn't include $4 gas and a plunge in SUV/Truck sales, which is where they make all their profit. Since the Ford family personal fortunes are tied to the stock, I'm guessing they' bail out and sell the company piecemeal before they let it go under. Just my .02.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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