Ferrari Mailing List: Re: Ferrari Stock for sale

[Clyde Romero (clyderomerof4]

It's going to be a greAt pump and dump stock

The majority of the people ( read poseurs ) who own the cars will bump the stock price up

It's going to be fun to watch 

The same mentality that causes a 60's GTO to be worth millions go figure 

I can't until the IPO comes out

Let the fun begin 

In victory you deserve Champagne

In defeat you need it!

     

Scars are Tattoos with better stories !

If you follow all the rules

You miss all the fun! 

Clyde Romero

Clyderomerof4 [at] bellsouth.net.          

678  6419932

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On Oct 31, 2014, at 1:07 PM, LarryT <L02turner [at] comcast.net> wrote:

I rec'd the below in a newsletter - maybe there's some highrollers out there?

:-)
LarryT


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Milan, Italy -- Like other mega-automakers today, Fiat Chrysler Automobiles (FCA) conglomerate is focused on significantly expanding its worldwide sales. How serious are they? Serious enough about raising capital to sell 10 percent of Ferrari, of which FCA currently owns 90%. Incidentally, Ferrari value estimates are as high as $12 billion to $15 billion. But the plan doesn't stop there. Ferrari's new boss, Fiat Chief Executive Sergio Marchionne (who recently replaced longstanding Ferrari chairman Luca Cordero di Montezemolo) has reportedly floated the concept of likewise raising Ferrari's annual production ceiling from about 7000 units to somewhere closer to 10,000 units. Despite its low production compared to giant multinational car companies, Ferrari's influence is felt everywhere, as FCA stock reportedly took an 18% bounce after news of the upcoming IPO broke. With Ferrari shares expected to be formally valued in mid-year 2015, the drama can only build from here.

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