It seems China and emerging markets are the only place the US Auto makers are making any money right now too which doesn't hurt.
In terms of plain valuation, I've seen otcbb stocks with 0 to 3 million in revenue spike on news and have ridiculous market caps before, like one Homeland security company I think had 1 million revenue and went to a 600 million market cap on one new 2 million dollar contract. Sybd, now OXBO, recently went into the hundreds of millions market cap on a mere 2 or 3 million dollar contract with the US Government to test their blood substitute. This company, post merger, will have about 16 million revenue going by their last quarter, and growing, and have a 40 million range market cap. That is with the current price levels, which looks pretty reasonable and leaves plenty of upside potential. My opinion anyway.
