Replies to post #222604 on SwingTrade Member Forum (SWING)

[NewMoney]

GM to reinstate 600 dealerships slated to be cut

NEW YORK – General Motors Co. will reinstate more than half the dealerships it targeted to drop from its network.

http://news.yahoo.com/s/ap/20100305/ap_on_bi_ge/us_gm_dealers

[Rawnoc]

STRN -- WHY WE LIKE IT

My short lazy version for now -- they forecasted a record year for 2009 and for that to happen Q4 has to kick major ass. Not surprising though with orders pouring in and backlog up huge. Add to that the float is a tiny 3.25 million so I think it could pop pretty big with results. Q1 should also be good due in mid May so this NASDAQ low floater should get a really nice pop and/or rally between now and the end of May. Balance sheet is pristine by the way.

So, in summary, STRN is simply another of my favorite type of stock -- cash rich, debt-free making money hand over fist while the earnings to be reported and going forward being extremely cheap vs. the market cap.