Wednesday, February 03, 2016

Ferrari stock in the news

Started selling in December for 52, went to 62, now tumbled to 34. Huh... nearly everyone predicted that would happen. A company that sells more merch than cars, because they sell cars no one can afford, around 7 thou a year, but everyone wants to be associated with... means not a good investment, just a nice ride, and a beautiful piece of rolling art most people can't afford to cover the required warranty maintenance on, so they rarely drive it

http://www.autoblog.com/2016/02/02/ferraris-stock-price-drop/

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