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  #1  
Old 09-24-2013, 11:26 AM
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Fiat could dump Chrysler over IPO

http://www.nbcnews.com/business/fiat...ute-4B11243405

Interesting...

Quote:
The trans-Atlantic relationship between automakers Chrysler and Fiat might be coming apart now that Chrysler has filed for an initial public offering.

The IPO offers some deep insight into the turnaround at the U.S. company that has made significant gains since emerging from Chapter 11 bankruptcy four years ago, but which still has a number of serious challenges to deal with as it continues to merge its operations with those of Italian-based Fiat SpA.
Among other things, the filing reveals some of the plans in the works for new vehicles aimed at filling the numerous gaps in the Chrysler line-up, including a “first ever” small crossover-utility vehicle now under development.
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Old 09-24-2013, 11:29 AM
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Re: Fiat could dump Chrysler over IPO

Thanks Chiv!
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Old 09-24-2013, 12:02 PM
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Re: Fiat could dump Chrysler over IPO

What is the consensus, a buy for small part of my four month old grandsons collage fund? ( long term investment). The bulk will be a few shares here and there of the proctor and gambles of the world.
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Old 09-24-2013, 12:25 PM
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Re: Fiat could dump Chrysler over IPO

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Originally Posted by willjeep View Post
What is the consensus, a buy for small part of my four month old grandsons collage fund? ( long term investment). The bulk will be a few shares here and there of the proctor and gambles of the world.
Neither... use a 529 plan for tax purposes and buy mutual funds. Much less risk. Picking and choosing individual stocks is very risky... can be very rewarding... but usually not.

That said... I REALLY wish I bought Microsoft in 1985. $10,000 back then would be around $3,000,000 now.

IANAA, IANAL, and YMMV.
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Old 09-24-2013, 12:45 PM
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or you could have done what I did an buy into Tesla early this year @ $38 a share.... unfortunately I did not have the capital i wanted or i would have invested everything i own. check stock prices today... i doubled up when i sold, but i could have 300% . such is life.
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Old 09-24-2013, 01:56 PM
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Re: Fiat could dump Chrysler over IPO

So far it is very much an opinion piece. It appears there are a number of reasons to go either way, so it is something for us to monitor but not be too concerned about yet.
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Old 09-24-2013, 06:18 PM
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Re: Fiat could dump Chrysler over IPO

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Originally Posted by Chivvalry View Post

That said... I REALLY wish I bought Microsoft in 1985. $10,000 back then would be around $3,000,000 now.

IANAA, IANAL, and YMMV.
We all know what they say about hide site, It's always 20/20.
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