All this talk about all time lows and such, feel free to take a look at this stock... I think we have heard of this company before:
Ford (F)
Who would have thought Ford would emerge as one of the most innovative and digitally advanced -- and more important, one of the most profitable -- automakers after being declared almost dead three years ago? In fact, Ford's stock plunged to an all-time low of $1 in 2008.
Now ford is at just below $16 a share. Now yes, I know there will be comments that we can't compare Saleen to Ford blah blah blah... But my POINT is that look where Ford went down to and where they are now. "Being declared almost dead three years ago" (Quote taken from an article in June 2010)
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