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Old 01-28-2012, 06:32 PM
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dellinger63 dellinger63 is offline
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Join Date: May 2006
Location: U.S.A.
Posts: 10,072
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Quote:
Originally Posted by Riot View Post
Do you think the company as evaluated previous to reorganization at a stock price of $133.78 and the company now as evaluated at $25.37 are the "same" company, of the same worth and growth potential?

Do you think stock in reorganized manufacturing companies should pay a profit within months? Or say, over 10 years?

It's probably a good thing you don't purchase stocks.

I do purchase stocks.

But usually/always hold for less than 10 years. Cept XOM

But even w/o the 'sense' Obama seems to have for business, I'd never buy a $25 dollar stock knowing I had to get to $132 to get even.
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