AutoNation, Inc. (AN)

267

increasing eps. large amount shorts to squeeze.

Fixing to get regulated

a good car dealership company

Razor thin earnings even in good time and declining revenues

In this massive downturn on automotive related things, especially dealers, this dealer congolmerate will shine. The strong survive, and this is a strong company.

Short-term bearish candles pattern has built up, though long term fundamentals appear to be solid.

GOOD CARS DEALARSHIP

Auto industry hurting the most in this recession.

Smart management leads economy by several months. It's was already lowering its exposure to american cars as their market share was already dwindling in the early 2006s. This is a value-play, not a growth cap - its credit facility doesn't allow for major acquisitions (which is a good thing btw).

need for new cars

Creating a portfolio of stocks with significant numbers of insider buys.

Not built for a down economy - will have trouble surviving if GM/Ford/Chrysler cut a lot of their dealerships

I am calling an underform position on this stock and KMX today. Although, I will be purchasing put options on both by 12/19/08 (when KMX reports earnings). I expect a horrible report. Both of these stocks are in debt, diminishing margins, less revenue, and more depreciation. Look at the numbers. No loans available, and the people that are defaulting on loans most likely are the ones with loans on used cars. The automaker deal just fell through, but I believe it will work out in the end. While dealers continue to offer great deals for new cars, used cars 1-6 years old will not be able to be sold for a profit.

People will choose to buy a new car, whether brand new or just "new to them," in the near future. The catalyst for this purchase will be high gas prices.

The US economy is hurting and what do we do when money is tight. We don't buy a brand new car. We opt to buy a used car and I believe auto nation will be a part in that play for people the need to get to work everyday. It sucks when you live in the suburbs, but work in the city.

AutoNation is growing and sellin alot of cars

Eddie Lampert can't be this wrong can he?

eddie lambert at work, 335 auto franchises from toyota to bmw, largest group in US, buffett has car max which is not the good model. He can only make money on car 1 and car 2 and dependant on purchasing. Used to run dealerships, real money is mad in service parts, body shop and finance, insurance, used cars lots are limited. Buffet may plan on future franchise purchases. You can pay complete overhead on service and bodyshop in well run franchise