YoungGun
09-02-2006, 10:26 PM
Geely has been going down hill, in terms of it's prospects, of being a big exporter to the U.S. To me, it seems like Chery is now the best bet. Since I bought Geely stock, it has only fallen and risen within the same 3 or 4 cent range, and this is over 4 months. Also, the executives are always contradicting each other in statements about meeting safety standards, expected American market entrance dates, etc. They are totally falling apart, while Chery got recent massive financial backing from investment genius, George Sorros, and they are beginning to get dealership deals done. The lone bright spot is that Geely came up with their own engine, though they pushed back their entrance date to 2009 after failing tests. Anyone have some new information on Geely????
Last thing, I want to pose the question of what you PERSONALLY believe Geely's chances are of being successful in the U.S., particularly based on what's been going on? As a committed investor in Geely, am I right to be really down on this, and if not, where is areas of optimism for Geely??
p.s.: I'm beginning to think I should have saved my money to put into Chery when they finally get listed...When will they get listed anyways?
Last thing, I want to pose the question of what you PERSONALLY believe Geely's chances are of being successful in the U.S., particularly based on what's been going on? As a committed investor in Geely, am I right to be really down on this, and if not, where is areas of optimism for Geely??
p.s.: I'm beginning to think I should have saved my money to put into Chery when they finally get listed...When will they get listed anyways?