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sliverbullet

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sliverbullet

Re: None

Thursday, 04/23/2009 9:20:34 AM

Thursday, April 23, 2009 9:20:34 AM

Post# of 2594
The Bleeding Edge of the Car Biz
Written by Adam Lass, Senior Editor, WaveStrength Options Weekly

Goldman Sachs thinks you can make 40% on Ford. I think that figure should be a lot closer to 400%.

China has finally, truly and wholeheartedly embraced “21st century American-style capitalism.”

God help them.

Here’s the headline that popped up on one of my news feeds a day or so ago: “Chinese Carmakers Record Sales.”

That’s right, in the middle of a yearlong global recession, China is selling more cars than ever before. Skimming down through the article, one notes that sales of minivans are up some 40% Q1 2008 to Q1 2009.

http://www.taipanpublishinggroup.com/taipan-daily-042309.html

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