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Toyota

February 3rd, 2010 at 09:37 pm

Stock market talk.

Sorry, don't know how to spin this one into a soap opera. Feels more like a street mugging to me.

Toyota still make good cars. No question about it. However, this pedal issue is getting spun out of control. *rimshot*

Yes, it's a serious safety hazard. However, the problem is temporary and fixable. They need to fix it, and they're already on it. But until then, the stock took a solid hit right in the gut, especially after comments from the US Transportation Secretary. Pow!

You know what that means? Pullback is buy!

If I was a bit more attentive, I should've bought today, but if it's still floundering by tomorrow, I'm going to clear some cash and get me a piece of this.

Posted in | 4 Comments »

4 Responses to “Toyota”

  1. creditcardfree Says:
    February 3rd, 2010 at 09:49 pm 1265233762
    1265233762

    Good idea! They are a great company. The fact that they stopped production and sales, because of safety give them an A+ in my book. I hope tomorrow works out for you.

  2. ceejay74 Says:
    February 3rd, 2010 at 10:10 pm 1265235014
    1265235014

    Yep, I'd hit that if I was playing the market. Smile

  3. debtfreeme Says:
    February 4th, 2010 at 01:51 am 1265248284
    1265248284

    it is just frustrating because the problem has been reported for a while and the company did nothing to address it. When 19 people die because of a manufacturing defect (that might or might not be fixed with the little piece added to the pedal) that is a problem.

  4. Broken Arrow Says:
    February 4th, 2010 at 02:13 am 1265249599
    1265249599

    Yes, that is true. The public has every right to be outraged about it.

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