Kirk Kerkorian

How big of a jackass does Kirk Kerkorian look like today? I remember a few months back when the man tried to get the price of GM to rally based on his bid at $31.00 a share. Even though he could have bought plenty of the stock where it was trading and averaged down as people realized how worthless the company actually was. His feeble attempt to get the price to rally is actually one of the more humorous things I have ever seen. Right now though he should dig in again and maybe offer the buy the stock at $28.00 so he can give people a new shorting opportunity as it is a little risky to short right now. Its funny that he is forced to do this, but if you track his purchases back, you know that he is way underwater on this investment. No doubt he is a smart man with far more money than I, but he better get back on CNBC and hype this dog of a stock or he might as well take the loss today. This POS is headed to $20! Kind of wish I hadn't covered but there is always a new game out there to be played.

Potential future negatives: When (not if) they cut their dividend, when they get the boot from the Dow, when the BANKRUPT!

Potential future positives: When Toyota buys them and turns them into a worthwhile company!