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Group 1 Automotive Inc V.GPI


Primary Symbol: GPI

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

Post by brodanon Sep 20, 2012 5:44pm
291 Views
Post# 20393044

What a joke

What a joke

Cant believe the lack of respect to all the shareholders of GPI.  They easily have 10 million worth of properties and they just sharfted all the shareholders....this means that my 100,000 shares, that im long at 0.16 cents is worth nothing....brutal.  I hope the old management burns...im fed up with the fools that kill the market, esspecially in the small cap.  What a joke. Good luck getting any value back out of this one for a while....investors hate being taken advantage of.

 

Good luck to all.....except the old management

The damage done on this one will take years to overcome.

 

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