How Many trainer planes are there in USA? You reckon the toxo could take 10% of the market in 3 to 5 yrs? We might wonder what mooney is thinking.
Anybody know:
1. How old is the US trainer fleet? 2. What is its most popular planes? How much are they?
Will the Toxo be selling for about 100K? I wonder what the costs are to run the thing. I bet its on the low side.
If the Toxo is available in 2 months when will advertising start? And therefore orders accepted?
Manufacturing for Toxo should be in manufacturing mode fairly quickly (or at least that's what an average gye might expect). The whole thing about this is that Mooney has the whole support system out there. Spare parts, distribution.
Why not take advantage of that.
Remember: 30 to 300 in 4 yrs = (at least) 100% annual growth Those are pretty severe targets! But that is what the man said.
Stock action today: I happen to be home last few days. Market Makers only grabbed 2 or 3 trades under the last low. Did you see that?
We have been going down for >2 weeks. This stock usually reverses after that long of a swing.
If the Market makers are trying to make money pushing this thing down, they are NOT doing a very good job of it.
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