Buy GM now? Wait a few weeks? Buy Toyota, Nissan instead?

Question

Buy GM now? Wait a few weeks? Buy Toyota, Nissan instead?

Answer 1

don't know about you...  but I'd stay from auto right now...  I don't see any turn around in the horizon...  why bother taking unnecessary risks?

I just bought my self a motorocycle because of the high gas price.   I'd speculate on motorocycles.  but that's just me.

Answer 2

I think the automotive industry as a whole is something to stay out of for a long term investment, but if you are a short term player you can build a decent nest egg if you have a decent entry and exit strategy.  Do your homework and always go with the best company.