A question for the experienced

Discussion in 'Trading' started by 65blues, Nov 18, 2008.

  1. 65blues


    As someone who is just learning all of this, I'd like to ask any of you what thoughts you may have on investing in some of the automotive suppliers now, given yesterdays news? No specific companies really, but in general?
  2. lindq


    IMO, it's a roll of the dice. I wouldn't take that bet unless you have funny-money to throw away, because we have no idea how deep this recession is going to be. The auto makers could get 100 billion in loans, but there is no guarantee they will make it in any event, given their past record.

    If I was to make any bet in that sector, IMHO, it would be Ford. They have a stronger cash position, better cars and management.