Ford/GM/ChryslerDaimler car sales up 7.1-18% (truck sales less) =>NVDC $11-$15 short term up, on way up toward $25 by Q3/Q4. I told everyone that we would probably have to wait until the new car sales data came out, and it is, and its positive, I thought we might have to wait until end of Sept/Oct for Q3 earnings, but apparently not; and projecting the triple percentage climb of online vehicle sales (compared to dealership sales) on NVDC or ABTL, that means triple these car sales increases, to directly triple their revenue and gross earnings...websites have very little increased overhead expenses with increased volume of hits i.e. and resulting revenue, (eg. 1 out of 3 visitors buy on NVDC) so it should be a straight triple, thats why I say average increase in price of 25% from current stock prices now, but could even be triple the car sales component data (15-18%) that is it = 45-54% increase in stock price, sraight calulation on current P/gE price to earnings (gross versus net) ratio or the other indicator: price to sales revenue ratio (since still negative gross earnings). I do not think we have to wait any longer, it is now moving, despite Greenspan, however, NVDC may be moving because, although smaller than say ABTL or AWEB or AN etc., the internet incubator status of the loyal shareholders will make it a haven when the Fed slams other internets, on interest rate hike fears...only reason I can see why NVDC acts contrarian to the general trend of the market on bad news. When you consider car ad revenue is 52% of all classified ad revenue, and then count online direct sales commissions of driveoff.com (NVDC's packaged purchase plans), this thing is going to be big, bigger than AOL or GNET ever were their first years.
I am,
Truly yours,
-Crystal Ball
P.S. the wicked never sleep. |
