I stand by.....what I say.
back to $5 we go !!!!!!!!!!
HAYZ have friends on Nasdaq, great traders taking care of them.
See their website, they still proud of their Nasdaq offering (picture)
What is great is the high volume and trading technique not overselling the stock, but going up in price with volume (accumulating on lows no negative PPS effects)
Seems like smart thing to do, since the PPS will be in dollars soon.
Again - do not mix them with the other auto suppliers (cathegory) They are making wheels for all the cars of the world. Even if no new cars were made after few years all old cars will need the wheels replacements (due to rust)
They are more in the SERVICE INDUSTRY then Producers, which makes them not prone to automaker problems.
Euro, yen up by 30% against dollar for the last 20 days.
HAYZ 60% production is for international markets.
Hayz will be taking larger share of US market now when his competitors are going under (they are going down due to diversification of auto products) Haysz stick to wheels -and that is why is a winner.
2Billion dollars a year company with already restructured debt of 1 bln.
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