Nov 20 2008
Stock Market Takes A Pounding Again
The stock market took another beating today as stocks fell to lows we have not seen in a very long time. As I watch some of the numbers I was so shocked to see where some of these stock prices are at. Ford was selling for 1.30 cents a share while General Motors was going for 3.10 cents a share. Those numbers are very hard to believe, but that just goes to show that everyone is hurting from companies to individuals.
Most people including myself have never seen anything quite like this. I wish I had some extra money to buy stock right now. I am just like everyone else trying to make it through this as well. People’s 401K and retirement accounts are probably really taking a pounding as I know my is. It is a shame that it has all come to this, but hopefully things will change real soon.
