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Re: Milesblue42 post# 5560

Friday, 04/24/2015 3:46:26 PM

Friday, April 24, 2015 3:46:26 PM

Post# of 32167
Like most of the numbers related to Saleen,
even the bumper numbers are a deceptive delusion.
Saleen has a 2015 Mustang with a bumper #52 ?
Why? Saleen has tuned far less than 52, probably just the few which have had
their pictures plastered all over the internet .
Saleen promoters send out PR photos on everything
they do and everything that have not done.

The only thing that is important for an investor is profit.
Or at least a move in the direction of break-even and then
profit. As long as Saleen is producing a small percentage
of the cars they need to even break even they will be bleeding
cash. As long as they are losing money, they have to
borrow more and also sell more stock at a discount.
For a SLNN shareholder that is a bad investment.
The SLNN share price will continue to go DOWN and
the stock will continue to DILUTE.
Why invest in SLNN? There are much better investments.

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