Group 1 Automotive Inc V.GPI

Primary Symbol: GPI

Consumer Cyclical Auto & Truck Dealerships

Group 1 Automotive, Inc. is an international automotive retailer. The Company operates through two segments: the U.S. and the U.K. Through its dealerships and omnichannel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services and sells vehicle parts. The Company owns and operates about 260 automotive dealerships, 338 franchises, and 44 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles. It sells retail used vehicles directly to its customers at its dealerships and via AcceleRide and wholesale its used vehicles at third party auctions. Its operations are primarily located in areas, including Texas, Massachusetts, Oklahoma, California, Georgia, New Mexico, Maine, New Jersey, New Hampshire, Florida, South Carolina, Louisiana, Kansas, New York, Alabama, Maryland, and Mississippi.

NYSE:GPI - Post by User

Group 1 Automotive Inc > i hope you guys ...

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Comment by InvestorOon Mar 14, 2012 5:15pm

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Post# 19670590

RE: i hope you guys ...

I bought at 0.04 and I didn't buy 500,000 shares, I'm not that naive.

The price range is nice under 0.05.

Should this company see Penn West (PWT.T) drill GPI.V's section of land in the Red Earth area of Alberta, (which is a producing 30-40,000 bbls/day & active exploratory drilling) one would think the share value would increase.

I hold a small position.

GLTA

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