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» Northern California Ford Owners     » Automotive   » General Talk   » End of Saleen (Page 1)

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Author Topic: End of Saleen
GOT 50
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http://jalopnik.com/mustang-tuner-saleen-says-it-owes-millions-of-dollars-1661373045
Posts: 2139 | From: SF/DALY CITY/MILLBRAE | Registered: Oct 2002  |  :
9cobrasvt8
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Only 2 cents a share? Holy shit lol

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2013 Grabber blue coyote
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1996 gt h/c/i and gears
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Posts: 1519 | From: under the hood | Registered: Jul 2011  |  :
97cobra209
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Damn!!

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2011 GT/CS 5.0

Posts: 872 | From: Stockton | Registered: Oct 2011  |  :
Black 02 SS
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Maybe I should pick up $1,000 worth of shares and hope for the best. LOL

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Schwinn 18speed

Posts: 949 | From: East Bay | Registered: Aug 2005  |  :
9cobrasvt8
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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

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2013 Grabber blue coyote
1996 cobra
1996 gt h/c/i and gears
1998 cobra vert
1998 gt h/c/i
1997 gt blown

Posts: 1519 | From: under the hood | Registered: Jul 2011  |  :
9cobrasvt8
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Ive never bought stock in a company how do you do it?

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2013 Grabber blue coyote
1996 cobra
1996 gt h/c/i and gears
1998 cobra vert
1998 gt h/c/i
1997 gt blown

Posts: 1519 | From: under the hood | Registered: Jul 2011  |  :
wilit
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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.

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"If a man hasn't found something worth dying for, he isn't fit to live." - Martin Luther King Jr.

Posts: 4793 | From: 37.78514° North 122.40100° West | Registered: Oct 2003  |  :
9cobrasvt8
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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

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2013 Grabber blue coyote
1996 cobra
1996 gt h/c/i and gears
1998 cobra vert
1998 gt h/c/i
1997 gt blown

Posts: 1519 | From: under the hood | Registered: Jul 2011  |  :
i
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Bye
Posts: 1901 | From: Sacramento | Registered: Nov 2012  |  :
Built88LX
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Might end up being a good investment
Posts: 2390 | From: $acramento | Registered: Mar 2011  |  :
wilit
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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 ]

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"If a man hasn't found something worth dying for, he isn't fit to live." - Martin Luther King Jr.

Posts: 4793 | From: 37.78514° North 122.40100° West | Registered: Oct 2003  |  :
wilit
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I couldn't refuse. Yesterday I bought 1600 shares of stock. It cost me $55. LOL.

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"If a man hasn't found something worth dying for, he isn't fit to live." - Martin Luther King Jr.

Posts: 4793 | From: 37.78514° North 122.40100° West | Registered: Oct 2003  |  :
SLOWBACK 67
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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.

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Originally posted by turbo50:
I have no intenions of keeping anyones parts or taking anyones money.

Posts: 8582 | From: Vallejo | Registered: Dec 2005  |  :
9cobra7
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This is really sad actually and is just a sign of the times. I hope they get bailed out by somebody with money.
Posts: 2633 | From: usa | Registered: May 2003  |  :
Black 02 SS
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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

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Schwinn 18speed

Posts: 949 | From: East Bay | Registered: Aug 2005  |  :
RRRCobraSC281
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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 ]

Posts: 1746 | From: Fremont, CA | Registered: Sep 2006  |  :
Wildfire532FB
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Saleen is a good company i can't believe they are going under. I've always wanted a SN95 S351

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(]]]_ _ o _ _[[[)
|\_o_ __ __o_/|
|__|..........|__|
68 Fastback
84 CJ7
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Posts: 17578 | From: 530 | Registered: Jun 2002  |  :
RRRCobraSC281
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They should have just stuck to selling ground effect kits. Blame Carol Shelby.

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Project 93GT500 has started
90 Coyote Coupe (sold)
88 Mach 1 Coupe MM&FF 6/14 (sold)
65 FFR Cobra (sold)

Posts: 1746 | From: Fremont, CA | Registered: Sep 2006  |  :
90 7up lx
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Where can one purchase theyr stocks at....send me a pm.....
Posts: 1266 | From: north valley | Registered: Sep 2010  |  :
venomous99
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quote:
Originally posted by 90 7up lx:
Where can one purchase theyr stocks at....send me a pm.....

reading the article might help....

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MKII Q7
89LX

Posts: 4811 | From: dc | Registered: Oct 2002  |  :
Gnari-Garage
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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????

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2017 McLaren 570GT
2019 Audi S5
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Posts: 4017 | From: 916-sacramento | Registered: Aug 2003  |  :
Black 02 SS
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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.

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Schwinn 18speed

Posts: 949 | From: East Bay | Registered: Aug 2005  |  :
i
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http://www.marketwatch.com/investing/stock/slnn
Cheap

Posts: 1901 | From: Sacramento | Registered: Nov 2012  |  :
04 S281
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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 ]

Posts: 1570 | From: Sacramento | Registered: Jun 2009  |  :
SLOWBACK 67
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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.

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Originally posted by turbo50:
I have no intenions of keeping anyones parts or taking anyones money.

Posts: 8582 | From: Vallejo | Registered: Dec 2005  |  :


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