Wednesday, November 23, 2011 2:09:10 PM
Date:11/23/2011 1:33:36 P.M. Eastern Standard Time
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To:itay.michaeli@citi.com
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but this one makes ABSOLUTELY no sense.....
"Citigroup asks if it is time for Meritor Inc. (MTOR, $5.04, -$0.22, -4.18%) to consider its future following its stock losing one-third of its value in the past week. Though the auto-part maker's fiscal fourth-quarter results were "fine and the outlook only moderately weaker," Citigroup said the stock's capitulation seems like a vote of no confidence on an operating leverage story that has had many setbacks over the past year. But the investment bank doesn't see "glaring balance-sheet liquidity issues," nor does it think 2012 guidance fundamentally supports a stock price as low as it is. Citigroup said Meritor's best option is a merger with American Axle & Manufacturing Holdings Inc. (AXL, $7.70, -$0.05, -0.65%). "
do a deal with dick dauch? you cant be serious
do a merger with a competitor, because the stock is beat up an being shorted in to oblivion......probably by YOU guys.......???
you are showing your true colors, pal..........this is so stupid i may even youtube this........
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