Anyone buying TM?


Jump to Page:
< Previous  [ 1 ]    Next >




pratickm   
Member since: Feb 04
Posts: 2831
Location: Toronto

Post ID: #PID Posted on: 24-02-10 12:58:51

In the midst of all the mechanical problems and recalls of Toyota (NYSE:TM) the stock has fallen over $20 USD i.e. a fall of over 20% from early-mid Jan.
Is anyone buying or planning to buy the stock?
Does anyone believe that this is only a temporary setback and Toyota will most likely emerge from this stronger and more reliable than ever?
Is this a time to load up the stock at bargain prices?

Reminds of the time when Coke stock fell after they changed the formula of "Coca Cola Classic" and the early-mid 1990s dramatic drop in all tobaco manufacturers (Phillip-Morris) in the midst of the muti-billion $ class action lawsuits.
Both Coke and the tobacco industry stock recovered after a couple of years.

This is probably just the begining of this controversy for Toyota - they may face class action lawsuits and/or fines/damages by the US administration so the stock may continue to slide further.


-----------------------------------------------------------------
"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."

-- Rhett Butler in "Gone with the Wind"


rajivjuthani   
Member since: Jun 05
Posts: 146
Location: Mississauga

Post ID: #PID Posted on: 24-02-10 15:57:44

I would tend to agree, and have purchased some over the last week.
RJ





Jump to Page: < Previous  [ 1 ]    Next >

Discussions similar to: Anyone buying TM?

Topic Forum Views Replies
how to trade in canadian stock market ( 1 2 )
Financial Planning 2324 7
Do Canadian desi's invest in the indian stock market?
Our Native Country! 2400 5
STOCK INVESTING
General 1499 3
A priest and a stock broker
Have Fun! 1597 2
Police monitoring lakes and canals for stock brokers/investors
Our Native Country! 1771 4
Need info. about Used Cars!!
Driving 1606 3
Toyota Camry OR Toyota Corolla?? ( 1 2 3 )
Driving 3235 14
Need info on Toyota recruitment
Jobs 2390 2
Online Stock Brokerages that don't charge InActivity fee
Financial Planning 1852 5
Stock Sold in US
Accounting and Taxation 1096 0
Howz Toyota Yaris? ( 1 2 )
Driving 3512 9
Home sales sink 8% ( 1 2 )
Real Estate & Mortgages 2694 8
Buying and Installing GPS ( 1 2 3 ... Last )
Driving 12343 58
any deals on Canon A590
General 2119 3
Whether latest rally in stocks is sustainable or not?
Financial Planning 1404 2
BUYING A JAPANESE CAR......... NEED YOUR INPUTS!
USA and other countries 1431 2
Flu shots
Health and Wellness 2033 6
Request to Moderators ( 1 2 )
Stock Market 3743 11
Stock opinions
Stock Market 1347 3
stock trading
Stock Market 1761 5
Anyone buying TM?
Stock Market 1724 1
Penny Stock - ML
Stock Market 1639 3
Steve Jobs passes away ( 1 2 )
News and Events 4039 13
Transmission fluid replacement - Toyota ( 1 2 )
General 2845 7
Ford has cancer - Healthcare of Canada
Health and Wellness 1742 5
 


Share:
















Advertise Contact Us Privacy Policy and Terms of Usage FAQ
Canadian Desi
© 2001 Marg eSolutions


Site designed, developed and maintained by Marg eSolutions Inc.