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Lithia Motors Inc. Message Board

  • shorts_are_going_to_hell shorts_are_going_to_hell Apr 28, 2010 12:00 PM Flag

    WTF, beat, guided higher, better margins, PE now 10 andit tanks

    what the big F????

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    • Gee, do you think the street is seeing through the double talk and spin??? They got burned on the pipe that was supposed to give them the ability to buy stores. No stores except a Subaru deal in podunk and only $11 million in cash left.
      You've got a lot of people just waiting for this stock to go to $10 so they can dump it.

      Double talk, discontinued stores, let's not count Chrysler. There is a reason this stock sits at the bottom of the public companies barrel. I won't play in this sandbox anymore, there seems to be some cat poop in it!

      • 1 Reply to cargonomore
      • You got it about right. WTF...lets exclude Chrysler. Yes, lets just forget about the 30% of our business that looks crappy. Lots of overhead supply at 10 on all those longs burned on the offering. Only a couple of analysts bother to follow it anymore. No management cred since everyone's been spun to death for years now. And where did all the cash go? Not a pretty picture and when the next slowdown in sales occurs, look out below.

 
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