Stock Investing Chrysler Up For Sale What Is Daimlerchrysler Thinking?
DaimlerChrysler has basically thrown in the towel by hiring J.P. Morgan Chase to find a way for the luxury German auto maker to divest itself of the Chrysler automobile company here in America. We went back and took a look at our stock research on the original German purchase of Chrysler and wondered how we got from there to here. Chrysler was a stock pick of ours as far back as 1981 when Lee Iacocca brilliantly prevented bankruptcy, and turned the company around.
When it comes to stock investing, you have to look behind the fluff, and figure out whats real. Our stock research shows that Chrysler is in the same boat as General Motors and Ford. All three companies in their internal budgets which is how they guide their companies through the next 12 months and beyond, have built into their plans continued degradation of their domestic automobile market share. This very simply means that they plan to continue to lose market share to the Japanese in each of the next three years.
This is no different than a boxer stepping into the ring and thinking about which of the next several rounds I...
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