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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (32695)11/7/2008 6:02:42 AM
From: Madharry  Read Replies (1) of 78741
 
youre a brave man. i spent a little time looking at lear. they started off their last quarterly report by saying that the environment was " extremely challenging". carl Icahn sold a bunch of shares on 11/3/08 and I see no insider buying and little commitment to own shares. I also just read that GMAC was going to be limit its auto financing to more credit worthy borrowers. even though 2/3s of sales are abroad, it seems difficult for me to assess the bankruptcy risk here. any thoughts?
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