During this extreme time in our depression-era 21st century, it's time to unbury that mayonaise jar full of cash and begin the stimulus of the faltering economy. Some new bargains to be had are:
1) General Motors, trading today at nearly $4.00 per share ( thats right, four dollars) on news of a pending shortage of cash and likely bankrupcy protection within 4 months.
2) Circuit City, which announced on the heels of last weeks job cuts, it has filed for chapter 11 bankruptcy and will close all stores within months. Current store stocks will be liquidated for fractions of price, just in time for Ho-Ho-humdrum holidays. Todays stock closed at $00.10 Thats right, ten CENTS!
3) Midway Games ( yes, the makers of PacMan and bazillions of casino games) trading today at$00.43 a share ( forty-three cents guys)
4) Six Flags, Inc. Our local entertainment venue in Georgia, with sky-high prices and longest lines since the gas shortage, is trading at $00.28 per share ( twenty eight CENTS)
Sounds like time to reap the benefits of stock market bailouts and invest in transportation, electronics and entertainment.
