Do I understand the industry better than most? No. Do I have a right to place a heavy weight on my valuations? No.
Do I have a right to believe that market sentiment was overly pessimistic & focused on short term problems? Do i have a right to believe that the auto cycle was not dead?
On these latter two questions, I suspect the answer is yes.
@MarsC,
Having spent a few years stalking you on this forum (just on this forum, mind, nowhere else), I think you are being a bit modest. I think the answers to all those questions could very well be "yes".
And I'll go so far as to deem - without knowing the exact circumstances nor the companies involved - that it was that you placed some store of value in your valuations of those global auto suppliers which provided the impetus to invest.
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Do I understand the industry better than most? No. Do I have a...
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$12.23 |
Change
-0.030(0.24%) |
Mkt cap ! $486.0M | |||
| Open | High | Low | Value | Volume |
| $12.30 | $12.30 | $12.05 | $528.2K | 43.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $12.13 |
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| Price($) | Vol. | No. |
|---|---|---|
| $12.23 | 1335 | 2 |
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