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Chrysler in the Crossfire

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Old Mar 14, 2007 | 11:14 PM
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APM28's Avatar
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From: Northwest Pennsylvania
Unhappy Chrysler in the Crossfire

The Wall Street Journal had a story in March 13th issue, page A2, about all the investor groups interested in, maybe, buying Chrysler. There was a graph showing how the stock price of DC shot up after the announcement of the sale on Feb 13th. The title of the graph was "Chrysler Crossfire". I thought, yeah, poor Chrysler sure is in the crossfire now.
 
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Old Mar 14, 2007 | 11:17 PM
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Sidez's Avatar
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From: New Jersey
Default Re: Chrysler in the Crossfire

When you say shot up what do you mean? Rose fell? Sorry for my lack of english terminology, But yea all in all I am happy that Chrysler is being sold as all it is... is a burden on the Daimler Corporation and besides it will make our cars that much more special as the only German produced American Branded car in history... instant classic.
 
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Old Mar 15, 2007 | 10:23 AM
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Emthusiast's Avatar
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From: PA
Default Re: Chrysler in the Crossfire

Shot up...rise.

Watch out... the quarterly report is going to come out soon. Lets see what it does to the stock.

GM's report showed profit a couple of days ago.
 
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Old Mar 15, 2007 | 11:14 AM
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CrossfireKid's Avatar
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From: Maryland
Default Re: Chrysler in the Crossfire

Originally Posted by Emthusiast
GM's report showed profit a couple of days ago.
Yes, I had read an article about this the other day. I must say I was relieved to see that the American auto-industry isn't going the way of the dodo as many would like us to believe.
 
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