RE:RE:Inventory of Autos in USA - statisticsHi 1condor,
I assume that you may be looking at the market in general. It seems that there is a movement of capital out of the market and that any price advances evaporate - as has happened today so far with LNR.
Of many companies in which I invest I like LNR because of the auto inventory issue and their other sectors. The farm sector will continue to boom - with inflation, with population growth and with the destruction of 7% (?) of world food production as Ukraine is destroyed. I hope and pray that Ukraine is not destroyed for long, but right now - it's looking really terrible for that country - which was a world-scale breadbasket.
The industrial sector - which LNR feeds into with their "lift" vehicles is also gaining ground.
I agree that the market is on a downward trend in general, but if any company can thrive it will be LNR.(raw materials and metals of course are on an upward swing.) As for LNR's stock, the price direction is debatable.
cheers.
cleareye