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originally posted in:The Garage
11/24/2014 9:30:24 PM
6
Mustang Tuner Saleen in Bad Financial Standing
Looks like the tuner only has about $7200 cash. It also looks like they have over 5 million in liabilities. I'm no accountant but it looks like they may go bankrupt. However their stocks are super cheap right now. If you want a "what the hell" investment then take the risk.
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I personally never really cared for their mustangs; always though Shelby was just too good. That being said, the S7 was always a nice car for its niche. It's bad news, but shit happens.
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Though I love the car, he should have left the S7 alone. He made his mark, but over invested in a niche car.
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Yay its Caterham all over again
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Oh well, we still have Shelby and Roush
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1 ReplyGuess I'll never own a new Saleen then. :(
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1 ReplyOh shit, that's not good
