Dana Holding Corp. (NYSE:DAN)
The company designs, manufactures, and supplies products for vehicle manufacturers worldwide.
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They'll get there dough and the stock will briefly blow.
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big company in world locations, will go up as new car makers in India and China come online
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an ex toyota manager as ceo and a killer board of directors. this copmany is going to rock coming out of ch 11.
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Their old creditors were filed in bankruptcy that led to a change in the company from Dana to Dana Holdings under Federal Bankruptcy law! Also, they aren't so dependent on the big three as they have landed additional contracts with Nissan and one with Toyota, so they are diversifying.
Lastly, and this is HUGE, they have changed management and have implemented a new CEO whom use to be VP of Toyota before Toyota grew to # 1. You might want to re-think this assessment! I am all for it!
Recs
I am willing to back this gallant effort to redesign more eco-friendly autos and vehicles-as well as keep Employees working for the sake of their Families and the Communities where they live!
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