Seeking Alpha
  • FortSumter
    Haven't heard anyone exclaiming their NAV trade this morning. You can't just make these warranty issues go away. This could on another year.
    7/6/12
    Reply (6)
    • JayWright: Something smells FISHY with all the hype leading up to this morning. buyout offers, dont sell, then 9 pt drop. P & D in effect??
      7/6/12
    • FortSumter: Having worked in large scale mfg for many years, I can categorically say that no one will buy out a company with warranty issues. Add to
      7/6/12
    • FortSumter: that the EPA issues and you have too much unknown. Plus think about the testing required for any "fixes". That can take a year alone.
      7/6/12
    • FortSumter: Throw Icahn in the mix trying to get his money out and mgmt has their hands full for quite a while. May be fun to trade the rumors though.
      7/6/12
    • Day Trader001: It could also take 6-8 months for their modifications to hit the market. Perhaps by then the warranty issues will be cleaned up also.
      7/6/12
    • Day Trader001: This could be a good day/swing-trade play!
      7/6/12