Some answers to silly comments
"" Challenges/Risks for Automodular:
•100% of revenues come from Ford Motor Company. The business can be impacted adversely if Ford sales are down or contracts are not renewed;
•New labor contract signed by OEMs have reduced the differences in wages with Automodular. The smaller wage difference provides opportunities for OEMs to bring assemblies in-house;
•Continuous pressure from automotive companies to reduce costs can affect future profitability; and
•The Company is dependent on a small group of key personnel, the loss of any one of which could adversely affect operations. ""
Every annual report from every company includes the same kind of comment. It is an obligation.
Coke is risky because its sale comes mostly from selling Coke, Apple is risky because most ot its revenues comes from selling I-pPod and I-Pad, GM is risky because it's revenues come mostly from selling cars in a very competitive environement etc
"" Why are you talking about Buffet? He seeks low risk investment that provide him a guaranteed return. He wouldn't touch AM with a 10 foot pole. They have one major customer..ONE and that customer sells car during a time the US recovery is on shaky legs. That is why it isn't moving above $3 anytime soon. ""
Let me remind you that on feb 7th, AM reached $3.07 .
"" You don't even have a clue how Buffet invests ""
If you are so familiar with Buffett, how come you did not know he has prostate cancer !!!