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Posted On: 07/25/2015 1:36:56 PM
Post# of 99241
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Posted By: ErnieBilco
Re: ronshappy #42311
Everyone knows what a Saleen Mustang is, so why spend almost 4 times the gross profit on "sales and marketing"? INSANE

I almost bought my son SLNN ar .012 to teach him how to invest and make money............. imagine what a terrible lesson that would have been.

Common sense says a RS is in Steve's future or else the debt holders will get more and more shares which will dilute it further and further. Unfortunately SLNN is now in that danger zone with only 5 ticks left to the bottom.

Sad for such a great brand, there are now lots of competition from others using the Saleen model for customizing stangs across the country.

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