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Lithia Motors Inc V.LAD


Primary Symbol: LAD

Lithia Motors, Inc. is a global automotive retailer. The Company is engaged in providing an array of products and services throughout the vehicle ownership lifecycle. The Company offers convenient experiences through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions and other synergistic adjacencies. The Company operates through two segments: Vehicle Operations and Financing Operations. Its Vehicle Operations consist of all aspects of its auto merchandising and service operations, including its retail automotive, recreational vehicles, and motorcycle franchises that sell new vehicles, used vehicles, parts, repair and maintenance services, and vehicle finance and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations. The Company operates approximately 473 locations representing 52 brands across the United States, United Kingdom, and Canada.


NYSE:LAD - Post by User

Bullboard Posts
Comment by nonvoyanon Aug 02, 2012 12:01pm
96 Views
Post# 20177391

RE: Update

RE: Update

Patience.  Finding an investor for a project this size is going to take time.   They just received 500k in financing in June for funding property acquisitions and the road upgrade, and have applied for the waste discharge permit.

Don't expect this to have a massive runup any time soon.    There are 6.3m warrants with an average price of 14c out there, and another 3.7M options otustanding at 11c.   

That's a lot of shares that are going to dilute the float with even a modest increase in SP.    That's a pretty big wall for this stock to climb at this time IMO.

If we get the tailings processing going, I think we'll have some organic cash flows.

Bullboard Posts