Ha no one even fully read the thing obama passed...
Not only that.. it takes 45 days for HAYZ to flip their product. they have 158 million of capital they can use to make their product.. Thus if they use every last cent and demand is 100% of what it was they will be able to put out 1.28 billion worth of product..
They made 2.1 billion off of 1.7 billion last year.. thus if they make the same percent return off of 1.28 billion they will get back 1.58 billion meaning they will only net 300 million pre tax and other costs..
Now how many people work for the company, how much did their ceo make??? They lost 36 cents per share or roughly 36 million when they earned 400 million.. now they are at best going to make 300 million... they have around 55 cents per share cash which they are burning through.. they also have higher costs of capital due to their credit downgrade.... ANd might have further credit downgrades... Does anyone think they can cut 136 million in budget cuts?
Guys unless people run out and buy cars like yesterday this company is going to go bankrupt... and that's not good for the share holders...