RE:RE:RE:RE:RE:Insider buyingI don't believe this is tax loss selling. That would start in December I think.
The newest key words among the mutual fund guys is that Auto sales have peaked.You can hear them all confidently predicting lower auto's sales over the coming years. However, We have to remind ourselves of their previous predictions i.e. Oil. None of them saw it coming!! They are no experts. They are the blind leading the blind. So they are getting out of auto parts industry and picking the next best thing for the next quarter or year. The shortsightedness of these institutional investors is quite alarming.
When I look of Linamar's record over 10-20 years its been great. I do worry over the long term the risks of labor and Energy costs as compared to China. Although the step to setup a factory in China subsides some of it.
Value Investor