InvestorsHub Logo
Followers 308
Posts 21244
Boards Moderated 18
Alias Born 12/28/2002

Re: tbone58x post# 2308

Thursday, 01/20/2005 7:33:41 PM

Thursday, January 20, 2005 7:33:41 PM

Post# of 173837
tbone, re NWAU

I rode it from the .20's to the .40's when they announced their original guidance of .30/share in 2005. Didn't want to hold it too long as it looks pretty scammy to me. The constant PR barrage is a common pump tactic. Instead of getting the filings done, now they're raising guidance? Am I the only one who thinks 20% NET margins on a group of used car dealerships is just a tad ambitious??

My guess is you guys will be waiting for those filings for a LONG time. I can hear it now...the financials were almost completed, but then the acqusition caused a delay...
Join InvestorsHub

Join the InvestorsHub Community

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.