sock 777,where were you yesterday?
I missed your witty banter.The stock is bouncing around a bit today .The high today so far has been $5.73 with a low of $4.34. The current price is $4.62 and trending back up.It looks very much like the stock wants to go higher,and probably will.After all the company has
a) $300,000,000 line of credit ($275,000,000 left)
b) a chain of six car dealerships with sales of $76,000,000 last year, and on track for $112,000,000 this year
c) $100,000,000 in receivables
d) a shareprice that is ridicously oversold
e) a business plan in place to put multiples of the above numbers onto the bottom line as more buy here/pay here
businesses are acquired (assuming they can close more)