Thread: Tanking Bank Stocks
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Old 01-15-2009, 11:22 AM  
ADL Colin
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Quote:
Originally Posted by kenny View Post
So you look for good long-term positions to hold. Where do you see Ford, GM, in 2-5 years?

I know they are in grave danger but the shares are at historic lows (with good reason)


http://finance.google.com/finance?client=ob&q=NYSE:F

http://finance.google.com/finance?q=NYSE:gm
i don't have a clue/ I wouldn't touch them. Just because of the question you asked. Where will they be in 2-5 years? Or 10? There's just no way to tell.

But for WFC, well, can I quote Warren again?

"I predict Wells will be earning a lot more money 10 years from now" -Warren Buffett (5/2008)
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Last edited by ADL Colin; 01-15-2009 at 11:25 AM..
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