Thread: Investing 102
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Old 12-22-2011, 11:44 PM
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Quote:
Originally Posted by ErikLS2 View Post
I love the idea of starting a kind of investment club where we share ideas and stock picks. Think we could buy enough of a stock to force the price up?

One I thought of but didn't buy was Ford in 2008-09 when it was like at $2. It was pretty clear they weren't headed for bankruptcy or a bail-out and if you look at it's chart it went to like $18 or so in 2 years, 'bout 450% annual return but there's that hindsight again. Where's that opportunity out there now? Greg, you da man, c'mon now
I bought Ford the day they were sitting in congress, They didn't have their hand out. I got in at 1.50. Smartest thing I ever did with money, Sold it at 17. And bought it again when it went down to 10..Holding on to that for a while. I like the idea of sharing Ideas and thoughts with other people on here. Everyone could benefit
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