Important article on better using your investing capital. Often selling puts makes a lot more sense than buying stock. Its less risky and you can even make money if the stock ends up at the same or near same price when the options expire.
Auto Industry: Can We Get a 'Twofer'? [View article]
The whole idea of spending (forget loaning this is money gone baby gone) on companies that have not been able to execute a plan that offers cars/trucks that people want to buy at prices people are willing to spend FOR YEARS is simply obscene. As I wrote in my blog these jobs are gone with the way management has run the companies and having the federal government step in will not only cost the taxpayers a lot of money (already has in terms of congressional resources) but will delay the ability of the auto makers to get back on solid ground and start producing a product that people want to buy.
Its too bad congress thinks they know better than the capital markets as they are bringing America to its knees a lot quicker than need be.
GM Shorts Pay 50% Annual Rate [View article]
Auto Industry: Can We Get a 'Twofer'? [View article]
Its too bad congress thinks they know better than the capital markets as they are bringing America to its knees a lot quicker than need be.