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Replies to #83 on BYDDF (BYDDF)
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harveyweintraub

02/21/11 9:22 PM

#84 RE: Rothstein #83

It's looks good IMO. I could see it going down a little but nothing to sweat. The company makes money and has a history of profitability.

The world is in the process of changing the way it uses more cash and less debt. With BYD possibly offering a lower cost product to consumers, the price point will be appealing to a large market looking to get a hybrid/electric vehicle along with their other complimentary products. For example, do I buy the generic mustard for $1.29 or the name brand mustard for $1.99? They are both made out of the same crap so the decision is easy.

BYD has recently shown that they are aggressive with their pricing and have the room to be aggressive because of their margins. Other companies who arent as integrated will have a difficult time competing.

I dont see anything that would rattle the long term prospects of BYD. The price issue currently is due to instability of investors psychology.

They bring way too much to the table to ignore. This is company is an easy pick if you plan on long on holding it.