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General Motors Company Message Board

  • dontwaitformonday dontwaitformonday Jul 24, 2011 11:28 PM Flag

    Thanks Toyota

    Checked my Highlander with KBB.COM and it's worth more now than I paid for it new 2 years ago. Quality will never let you down.

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    • http://www.ft.com/cms/s/0/fcb40bda-b66b-11e0-8bed-00144feabdc0.html#ixzz1TH6CAkQ3


      Toyota Motors, the world’s largest carmaker by sales, fell 1.7 per cent in Tokyo while Honda Motor lost 1.7 per cent.

    • http://answers.yahoo.com/question/index?qid=20090314021953AAyAdIX

      There is very little testimonial evidence on the subject: Do short sellers always need to BUY back the stocks they sell short.

    • Go Toyota!

    • <<<""Remember to let us know when someone/anyone offers to buy your b/k shares back."

      Why do you want to know?">>>

      I want to know because to the best of my knowledge b/k shares have NEVER been bought back after cancellation.

      There is simply no need to because, in spite of your opinions, the shorts get to take their money (profit, margin etc) from their account/s as soon as the cancellation happens.

      I merely wanted to know if you had EVER come across FACTS to the contrary.

    • <<<<I think the ticker symbols should be allowed to trade in a free market until all the shorts cover their positions and all the longs sell their positions. If there is such a wide spread between the bid and ask price, then I guess the trades stop until somebody steps in to break the stalemate. Really, I think the shorts stopped trading because they KNEW they could not cover their short positions without a loss, POOR losers SHORTS ARE. THEY LOST THE GAME, so they stopped playing. They could not BUY back the stocks, so they STOLE THEM? Or just stopped playing? Okay. But the short should not get their money out of the account until they BUY BACK their shorts.>>>>

      You tell 'em, playby! Grr!!

      -web

    • Is something worth the current market price? The Wall Street margin accounts use mark to market accounting, so the value of stocks goes up and down. A stock is often said to be worth the current market price. But that varies with time

      Usually, in accounting an item is worth the purchase price, until the item is resold. So stocks are worth the purchase price, until sold.

      Some longs may feel their stock is worth the price they will sell for. And shorts may feel a stock is worth what they will pay to buy it back which is often nothing.

      What is a stock worth in capital gains accounting. The stock is worth the purchase price.

      So what is the "book" value of the Wall Street stocks? For every stock long, there should be another stock short. So if you add up the sell or purchase prices of all the short or long stocks outstanding and divide the sum by the number of outstanding stocks, then I'd say that is the "book" value of the stock.

      Of course, the current market price of the stock may be more of less than the book value.

      The IRS says longs may pick and choose which stocks with an attached purchase price they want to sell. So the capital gains or loss taxes depend on WHICH stocks previous purchased are then sold.

      Likewise, the shorts may pick and choose which stocks they previously sold short for an attached price will currently be repurchased. So shorts can decide whether to cover the stocks they shorted at a high price or cover those shorted at a lower price to determine their capital gains or losses.

      Generally, with the IRS a stock is worth the purchase price for assets (longs), or sell price for liabilities (shorts) UNTIL the stock is sold by the longs or repurchased by the shorts.

      If the longs never sell their stocks and the shorts never buy back the stocks, then there are no taxes on the stocks. The money just stays in the brokerage bank account.

      That seems to be the current situation. The short sellers refuse to cover their shorts and the longs refuse to sell. NO TRADES. The money, plus the loan collateral (if any) stays frozen in the bank, until the bid and ask prices come closer together. That may be when hell freezes over. So kiss your money goodbye. It stays locked in the bank.

    • Not in this lifetime it isn't but you did make us laugh at the dealership. Of course you think its worth more because you only made 3 payments and then the Repo man took it back so they got more at auction than the few payments you made, loser!

 
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