BUY Fiat

J

JSSPMK

Have you guys seen the new Fiat 500? It's awesome, it will join the ranks of new Mini & Beetle & Smart car, but a hell of a lot cheaper, in the rip of Britain it's around £9000 (~$18k) and with oil valuations going through the roof this car will outsell many other brands, what a wicked well timed entry into the car market, hope it's OK mechanically, it's a Fiat afterall :)

Current stock valuation about 14.5 EUR

ImPO of course


From this:


<img src=http://www.design-cars.com/images/stories/CarDesign/800px-Fiat_500.jpg>


To this little cute thing:


<img src=http://tuningnews.blogsome.com/images/kw_fiat500_typ312_front.jpg>
 
Quote from HolyGrail:

If you ever owned a Fiat there would be no way in Hell you would ever recommend one.

Fix It Again Tony.
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Well things change, what is important is that this is very appropriate to the high fuel prices, people in Europe do worry about things like that & look at the chart, we have lower prices with a higher low & a divergence which has an estimated average retrace range of around 20+ EUR stock valuation.


<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1931736>
 

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Quote from HolyGrail:

LOL, I thought you were recommending the car not the stock.
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LOL, I don't give a toss about the car itself. But let's not forget that people need to like a concept, see value & be able to buy with their eyes, it fits perfectly all 3.
 
A combined MPG of 55, not bad at all for a nippy lilttle petrol engine. And I made a mistake, on the road prices start in the UK from £7,905 (~$16k)
 
I'll be in Italy this time next month so I will see how many are on the road. Right now, the smartcar seems to be kicking everyone's ass, but I'm sure at that price they will get many takers.
 
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