Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 53.91

+8.6%

Jan 9 4:00 PM EST

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To: Bonefish who wrote (135869)	4/11/2020 12:01:25 AM
From: robert b furman	Read Replies (1) of 207727

From what I see, a lot of Texas is still working. I drove to my dealership today and road construction is full bore on. The Home Depot parking lot was maxed. Those stuck in the house are working on the house apparently. The restaurants are doing curbside pick up. The pizza place we buy from had curbside pick up. While going there, a mexican restaurant had curbside pick up for food and a Margarita on the rocks or frozen (with a blender at the curb. I stopped to sign a partners approval for resolution and I went to hit elbows with my General Manager. He shook his head and said "This car business is crazy, I'll never figure it out". I said what do you mean? He said this is the best start of a month we've had this year! I said REALLY - he said REALLY. May not last buy we're delivering vehicles today. Slower new car sales from last month have made nice trades worth gold and rebates are awesome. You can buy a new truck and get 84 month financing for free or 9500 off. Two years ago I bought a 2019 Denali and got a 1000 rebate! OH my deals are out there and they go back to building trucks May 4th. I saw concrete on our lot, not crammed inventory - but then my partner runs a tight ship! When production starts up - we're getting the good stuff, because our inventory is light. Good stuff goes to those who have sold theirs down. We'll see if it continues through the rest of the month. If our governor get's us back to normal business sometime next month - we'll continue to pay our employees and the government PPP monies may partially drop to the bottom line. We'll see. If others are the same it'll be a boost like never before imagined or seen! My bodyshop manager told me one of the big corporations who have moved into Houston and tried to buy market share has shuttered 9 of their stores and are filing for BK. They've been whoring the market with kick backs to insurance companies for the last 7-8 years - seeing them go bust is the best thing the body shop business could see! Bob Just sayin tune in!

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