Jim McElroy covered a lot of that in the Take me to the Auto Salon article though didn't he? He must do some research before he writes his articles, and he stated that Huang has already been very successful with the same business model in Taiwan.
You'd think Canouse did plenty of research into this as well. Yes a good merger in a shell is rare and you never know if they will actually succeed with the business plan, but it's probably ok to at least accept them as legitimate by now. lol
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.