- downturn of US and Euro economies
- used car prices head down
- merger synergies not materializing and they overpaid for the purchase to begin with
- potential patent royalty payments for their car sharing division to IDSY
Thanks for replying. i do think they may have overpaid you are correct but they have a high share of the market now. As far as the economy - that is baked into everyones cake. Used car prices are still strong w bad economy. I may buy some if I can get it near 18. -- Maybe a few hundred shares.