July 21, 200619 yr See for yourself: http://finance.yahoo.com/q/bc?s=TM&t=3m Toyota stock was at $124 at the beginning of May, now it's fallen to below $99 and not very long ago fell all the way to $97. I realize that it's still above it's 52-week low, but if GM stock tumbled from $124 to $97 in less than three months, I think we'd have more than a couple articles about it.
July 21, 200619 yr Toyota is the solution to all of your problems, automotive or otherwise. [end_of_communist_approved_brain_wash_message]
July 21, 200619 yr Wow, that's a huge drop. Any American company showing that much weakness is pretty much top of the hour news. I wonder if it will continue and what effect it will wind up having, long term.
July 21, 200619 yr i don't remember how fast it was but if you look at gm back at like...2001... when it was really close to $100, it tumbled kinda fast too, IIRC just putting the top #1 Competitor (in sales trends) in it's place, hopefully.
July 21, 200619 yr At the moment the overall market is extremely volatile. And not many are willing to pay $80+ for an automotive stock. Right now it's almost $100.
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