This is topic End of Saleen in forum General Talk at Northern California Ford Owners  .


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Posted by GOT 50 (Member # 1960) on :
 
http://jalopnik.com/mustang-tuner-saleen-says-it-owes-millions-of-dollars-1661373045
 
Posted by 9cobrasvt8 (Member # 11078) on :
 
Only 2 cents a share? Holy shit lol
 
Posted by 97cobra209 (Member # 11376) on :
 
Damn!!
 
Posted by Black 02 SS (Member # 5939) on :
 
Maybe I should pick up $1,000 worth of shares and hope for the best. LOL
 
Posted by 9cobrasvt8 (Member # 11078) on :
 
quote:
Originally posted by Black 02 SS:
Maybe I should pick up $1,000 worth of shares and hope for the best. LOL

I was thinking the same thing lmao
 
Posted by 9cobrasvt8 (Member # 11078) on :
 
Ive never bought stock in a company how do you do it?
 
Posted by wilit (Member # 3367) on :
 
quote:
Originally posted by 9cobrasvt8:
quote:
Originally posted by Black 02 SS:
Maybe I should pick up $1,000 worth of shares and hope for the best. LOL

I was thinking the same thing lmao
I did the same thing when Worldcom stock went from $90 to $2. Guess what I ended up with? A $1000 loss to write down on my taxes.
 
Posted by 9cobrasvt8 (Member # 11078) on :
 
quote:
Originally posted by wilit:
quote:
Originally posted by 9cobrasvt8:
quote:
Originally posted by Black 02 SS:
Maybe I should pick up $1,000 worth of shares and hope for the best. LOL

I was thinking the same thing lmao
I did the same thing when Worldcom stock went from $90 to $2. Guess what I ended up with? A $1000 loss to write down on my taxes.
I wasnt gonna spend that much lol i was thinking like 200-300
 
Posted by i (Member # 12534) on :
 
Bye
 
Posted by Built88LX (Member # 10758) on :
 
Might end up being a good investment
 
Posted by wilit (Member # 3367) on :
 
quote:
Originally posted by 9cobrasvt8:
quote:
Originally posted by wilit:
quote:
Originally posted by 9cobrasvt8:
quote:
Originally posted by Black 02 SS:
Maybe I should pick up $1,000 worth of shares and hope for the best. LOL

I was thinking the same thing lmao
I did the same thing when Worldcom stock went from $90 to $2. Guess what I ended up with? A $1000 loss to write down on my taxes.
I wasnt gonna spend that much lol i was thinking like 200-300
Buy a bunch of shares, but ask for paper certificates. Frame them and give them out as gifts.

[ 2014-11-24, 10:56 PM: Message edited by: wilit ]
 
Posted by wilit (Member # 3367) on :
 
I couldn't refuse. Yesterday I bought 1600 shares of stock. It cost me $55. LOL.
 
Posted by SLOWBACK 67 (Member # 6348) on :
 
quote:
Originally posted by wilit:
I couldn't refuse. Yesterday I bought 1600 shares of stock. It cost me $55. LOL.

If you get any paper ones and they go under I'll buy one off of you LOL.
 
Posted by 9cobra7 (Member # 2812) on :
 
This is really sad actually and is just a sign of the times. I hope they get bailed out by somebody with money.
 
Posted by Black 02 SS (Member # 5939) on :
 
quote:
Originally posted by wilit:
I couldn't refuse. Yesterday I bought 1600 shares of stock. It cost me $55. LOL.

It has been on my mind since I posted. I'm still tempted to buy some as well LOL
 
Posted by RRRCobraSC281 (Member # 7086) on :
 
I think Tim Allen bailed them out a few years ago when they used to go buy RRR/speed lab

[ 2014-12-01, 08:13 PM: Message edited by: RRRCobraSC281 ]
 
Posted by Wildfire532FB (Member # 1482) on :
 
Saleen is a good company i can't believe they are going under. I've always wanted a SN95 S351
 
Posted by RRRCobraSC281 (Member # 7086) on :
 
They should have just stuck to selling ground effect kits. Blame Carol Shelby.
 
Posted by 90 7up lx (Member # 10304) on :
 
Where can one purchase theyr stocks at....send me a pm.....
 
Posted by venomous99 (Member # 1917) on :
 
quote:
Originally posted by 90 7up lx:
Where can one purchase theyr stocks at....send me a pm.....

reading the article might help....
 
Posted by Z06-FTMFW (Member # 3164) on :
 
The stock is at .036 cents. It would be good to grab a few shares and hope for the best. If they get bought out it could be good, but if they file BK your done... Though call????
 
Posted by Black 02 SS (Member # 5939) on :
 
quote:
Originally posted by Z06-FTMFW:
The stock is at .036 cents. It would be good to grab a few shares and hope for the best. If they get bought out it could be good, but if they file BK your done... Though call????

It was at $.04 when I checked a couple days ago. I could have doubled my investment by now haha.

For those of you asking, open a trading account with Scottrade or etrade, something along those lines, and you can use them to purchase stock. When I last checked they required a minimum deposit of $500 to open an account.
 
Posted by i (Member # 12534) on :
 
http://www.marketwatch.com/investing/stock/slnn
Cheap
 
Posted by 04 S281 (Member # 9229) on :
 
This new iteration of Saleen is surprisingly small. Only around $1,000,000 in assets and little more than $5,000,000 in debt? There are individuals with similar financials....

For those interested:
http://www.sec.gov/Archives/edgar/data/1528098/000149315214003797/form10q.htm

[ 2014-12-30, 09:21 PM: Message edited by: 04 S281 ]
 
Posted by SLOWBACK 67 (Member # 6348) on :
 
quote:
Originally posted by Black 02 SS:
quote:
Originally posted by Z06-FTMFW:
The stock is at .036 cents. It would be good to grab a few shares and hope for the best. If they get bought out it could be good, but if they file BK your done... Though call????

It was at $.04 when I checked a couple days ago. I could have doubled my investment by now haha.

For those of you asking, open a trading account with Scottrade or etrade, something along those lines, and you can use them to purchase stock. When I last checked they required a minimum deposit of $500 to open an account.

500 bucks. That's how much the average salvage title ( due to theft ) 5.0 around here is worth. Ain't none of these fools gonna sell their 7th Street drag car to own stocks n shit.
 
Posted by j0eyabs (Member # 1026) on :
 
I just bought a couple of thousand shares just for the heck of it. [Big Grin]
 
Posted by Z06-FTMFW (Member # 3164) on :
 
quote:
Originally posted by 9cobrasvt8:
Ive never bought stock in a company how do you do it?

Just go to a stock company and its easy, I use wellsfargo, you can go in and they will set you up
 




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