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Shelby Stock Drops 45% Today
100,000 Shares Sold Today.
Wonder Why |
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Why do people keep posting negative news on CS? ;) |
Hey Jack,
Even at a 45% loss in value today, it's still only dropped about a nickel... but over the month of July it has dropped nearly $0.70, ouch! Dan |
I like an update on the current Shelby stock prices from time to time, thanks for posting.
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so wht is its value now? what is the symbol?
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http://finance.yahoo.com/q?s=CSBI.PK |
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http://photos.imageevent.com/kerinuk...817_resize.JPG :3DSMILE::3DSMILE::3DSMILE: |
CSBI
Now .30 dropped .25 today or 45% |
RedBarchetta, now that pic's worth a chuckle. :D
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Stocks, what stocks?
When you own stock in a company that produces something of such small market appeal, and I don't mean automotive fanatic market, it will make next to nothing. Stock grows based on expected growth as compared to its past growth history. In shelby's case, stock is his name. What do you get for it? What is the potential for growth in say 15 years?
Just read what the analysts have to say. Yes a car may increase in value over time with the name Shelby attached to it, that means absolutely zilch to the financial analysts. Great for car collectors, terrible for mere mortals like you and me. Zilch. By the way, I love Carroll Shelby, always will. But buying stock in his company? I rather go to Vegas, odds are a bit better. |
Got to love that average daily volume of 4,781 shares. :LOL:
Funny thing is, someone had to buy those shares. |
Why do you think I posted negative info. I owned the stock until a few weeks ago.
I bought at $ .20 and sold at $ .80. I took the profits and filled the tank on my truck. Thanks SHel. |
Hopefully, the person who sold the other 350 shares today, sold them beofre the block of 100,000 shares was sold. He or she could have gorged themselves on a candy bar with the money saved on that transaction.
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how about all the fools that bought when initialy offered, at $7.00 per share
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I'm sure some people will say that it was worth the price for a piece of memorabilia.
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As long as they only bought one. Buy more as an investment :LOL: A fool and his money..... |
In Shel's case it was PETER (Brock) that got betrayed! You got to get up pretty early in the morning to fool Carroll. :LOL:
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We have known Peter for years and years. He is a really nice guy!
David :):):) |
Indeed David, very good point to keep THAT record straight!
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