Jack_Bolander
1 year ago
The Volvo LOI is NOT a BIG Deal !
Guys, this is Lousy WORSTPORT ! WORSTPORT can't do BIG Deals because nothing about WORSTPORT is big !
This is just a supply deal between the buyer and vendor, with the buyer taking an ownership interest (JV) in the vendor ... for pennies on the Dollar.
Barry, Robert & Mark, have you even tried crunching the numbers ? If you had, you would be in hiding right now and not opening your BIG Mouths. You are displaying your ignorance to us all.
WORSTPORT is a small, struggling auto-parts company, and they have just sold their soul again to a big truck company. Did you learn NOTHING from the Cummins JV ?
You got skruud by Cummins ( and the management helped), and you will be skruud again!
Look at my post history here for the past 10+ years, I have never been wrong, right Mark?
Jack_Bolander
1 year ago
Like Cummins, Volvo brings the gravitas and credibility that WORSTPORT Lacks.
But WORSTPORT remains a struggling, niche auto parts supplier. One recall would wipe out WORSTPORT, but not Volvo.
If the LOI doesn't become a real deal, then I don't see WPRT being much more than a small, struggling niche auto parts supplier worth about $1.00 / share.