Garmin is the true market leader here. Amazingly, the product launches keep on coming, too. I thought that the news yesterday regarding their new high performance product launch for the Auto OEM group was exactly what was needed. Time will tell if the product catches fire and provides any growth but market leaders do tend to remain market leaders for a good reason.
Yet most everyone still hates this company. Why? Because they THOUGHT that Garmin was done... or was going downhill fast? Not. Garmin is what a company should look like. Clean balance sheet, lots or quality products and new innovations, a healthy divvy. Where's the love? The love will come once they've (a WS criminal cabal) stolen nearly ALL the retail shares still out there. Then they can pump it with their left hand while selling from their right. This is the game we play as common stock shareholders, imo. GRMN's just coming out of the hate-it phase. Where could it go if the shorts get off its neck and/or WS wakes up to its value? The shorts may not have a choice. With an increasing PPS and a healthy divvy, they'll be out soon enough, and wiped out if they're not careful.