sense vs senseless, page-21

eugene

you still have not provided any material reasoning for your absolute negativity

There is nothing wrong with mgt. All companies/directors/boards have ups and downs, nobody is perfect. So what if they didn’t provide an announcement last Friday, I don’t care, wont stop me from buying or holding and it most definitely want cause me to sell.

The entire market is facing a lot of uncertainty and risk at the present and we are seeing this factored into global markets, not just here in Australia and not just in KAR-but globally. Oil prices have plummeted, KAR is in this business, so it makes perfect sense that KAR’s stock price adjusts to reflect that.

This is where the Long Term investor can make their money, invest for the future. Things IMO wont get too much worse, if it does, we know QE3 will come and this will put the floor under ALL prices. Emerging Asia are also going to keep the bid side full for Oil & Gas & credit. So for KAR, that’s all we need to worry about.