[RDM3]

As much as we love our Mercedes cars, how many of us own MB stock? As of today, 12/29, it was at about $55 on the NYSE. I know car stocks are generally out of favor, but Daimler seems to be ok.

 

[Musikmann]

I owned Daimler Chrysler AG (DCX) for a short time and it didn't do much. Thanks for the tip because I didn't know MB was still alive and well on the NYSE.

 

[RDM3]

I owned Daimler Chrysler AG (DCX) for a short time and it didn't do much. Thanks for the tip because I didn't know MB was still alive and well on the NYSE.

Welcome, the 52 week low, back in March 09 was $21, the high was $111 on Oct 29, 2007, from there they went down, but all automakers dumped, they seem to be on the rise again, it yields a 1.5% dividend too, which isn't super but better than any savings account.

I had some DCX too, it was bad, once Daimler bought Chryslerit hurt them, but they figured it out and dumped Chrysler.

I bought some DAI today.

DAI: Summary for DAIMLER AG- Yahoo! Finance

DAIMLER AG Share Price Chart | DAI - Yahoo! Finance

 

[Musikmann]

Somewhat related is I have a friend who invested in Ford when it was $1.10 and it's now over $10.00. The only problem was he set up an automatic buy/sell at some percentage and fell asleep. Then he bought it back for $3-something so he's still ahead. Good luck with your investment.

 

[Michael Pillay]

Somewhat related is I have a friend who invested in Ford when it was $1.10 and it's now over $10.00. The only problem was he set up an automatic buy/sell at some percentage and fell asleep. Then he bought it back for $3-something so he's still ahead. Good luck with your investment.

I bought and sold my ford stock as well. Turned a good profit. Unfortunately for me, at $55 a share I do not have the capital to turn a decent profit in a reasonable time.....ford was nice though. I had a good feeling for it long before I bought. Just had to wait for the right moment. Last time I looked at it was a couple of months ago and it was up to $8 then. Too bad I did not hold on for just a bit longer.

 

[Musikmann]

I bought and sold my ford stock as well. Turned a good profit. Unfortunately for me, at $55 a share I do not have the capital to turn a decent profit in a reasonable time.....ford was nice though. I had a good feeling for it long before I bought. Just had to wait for the right moment. Last time I looked at it was a couple of months ago and it was up to $8 then. Too bad I did not hold on for just a bit longer.

I know the feeling. I don't have the ready capital to buy into Mercedes either but I am curious as to how it will do.

 

[RDM3]

Stock was up a little today!