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"I liked it so well, I bought the company"

Discussion in 'Gen 2 Prius Main Forum' started by genalex, Apr 22, 2006.

  1. genalex

    genalex Member

    Joined:
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    Jersey suburbs of Phila.
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    2005 Prius
    When I first became interested in the Prius, I couldn't get one in less than a year--so I bought the company.
    No, not the whole company, Just 300 shares of TM @$70. That's just about the price of an '05 Prius.
    Today, TM closed at $117. Smith-Barney has a target price for the stock at $150. When that happens, Toyota will have paid for my Prius.

    Anybody else out there made this play?
     
    #1 genalex, Apr 22, 2006
  2. jmccord

    jmccord New Member

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    Nice move. If Toyota engineers their company like they do their cars, I'm sure you'll reach your target.
    Regrettably, I did not share your vision. Ahhh hindsight... <_<
    Hopefully, you'll get that sweet tax credit as well, to help ease the pain of capital gains taxes.
     
    #2 jmccord, Apr 22, 2006
  3. genalex

    genalex Member

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    Vehicle:
    2005 Prius
    <div class='quotetop'>QUOTE(jmccord @ Apr 22 2006, 12:58 AM) [snapback]243535[/snapback]</div>
    The play was within my sheltered IRA. "No (capital) gain--no pain."
     
    #3 genalex, Apr 22, 2006
  4. jchu

    jchu New Member

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    Just had to say hello to a fellow company co-owner B) . My wife using the same logic prevailed (beat??) on me to do the same. :D
     
    #4 jchu, Apr 22, 2006
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