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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 04-08-2009, 08:49 PM
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Default Chrysler

Hey everyone, if I read correctly, Chrysler does not offer stock purchases because it was sold to a privately held company. Am I correct?
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Old 04-08-2009, 08:54 PM
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Default Re: Chrysler

Correct you cannot buy chrysler stock, its a private company.
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Old 04-08-2009, 09:06 PM
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Default Re: Chrysler

I think Daimler Benz still holds a 19% stake....you could buy that and pretend you own Chrysler.
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Old 04-08-2009, 10:07 PM
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Default Re: Chrysler

Thanks guys I think Chrysler will rebound if Fiat takes over, IMO
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Old 04-08-2009, 10:19 PM
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Default Re: Chrysler

I agree it could be a good relationship. Chrysler would gain some small car technology they haven't had since the Neon went away, and Fiat would gain an instant dealership network here in the US. Of course a Fiat was probably the worst car I ever owned, though that was a '78 model. As a Chrysler car fan I'm hoping something works out.
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