My investment philosophy is similar. Every great company runs the risk of hiring a crappy CEO, look at what Gil Amelio did to AAPL. Since Andy Grove INTC has a string of CEOs who have let the company lag far behind the industry. AMD is eating their lunch.
Back in June 2020 my wife was standing behind me watching drool over the C8 Corvette website. She startled me when she said "Would you like a new Corvette?" I turned around and said "Who wouldn't?" She replied "Buy one".
So I did.
She's definitely a keeper.
You can call John at (909) 930-1751 but be considerate, his mother, with whom he's really close, is in hospice due to covid.
Kenne Bell's service problems may be why he bought the company. Accufab is very well run, he'll probably turn it around quickly.
Sorry, no link. I was told this personally by someone who would be privy to this information. He didn't ask me to keep it private but I've decided to not reveal his name.
I just heard that John Mehovitz of Accufab Racing bought the Kenne Bell supercharger company. Integrating it and Lenco Transmissions has delayed the company move to Tennessee.
In 2020 I bought 14,000 shares of TTI at .31 in my Roth-IRA, the 52 week low. I sold it in July of 2021 for $4.05, I used the proceeds to pay cash for my C8 Corvette.
I may get back in again.
A friend of mine has a car collection of 15 or 16 cars worth $5 -$6 million, he never buys at auctions like BaT or Barrett-Jackson, he says the frenzy always drives the prices 25% - 30% higher than realistic.
I have a 2005 Ford GT block that was properly modified by John Mehovitz and then assembled. I have Lincoln Navigator heads modified by Fox Lake Racing and a Whipple 2.3 blower. It all needs to be assembled as a unit and installed in my 2002 Ford F-150.
I've owned two Audis. A great driving car but typically German in design, they don't seem to design them from a mechanic's perspective. Expensive to work on.
If you're a diver I would check out Cozumel.
DR is on the same island as Haiti, the poorest country in the Western Hemisphere, not to mention they just had a 7.2 earthquake in Haiti.
Oh shit. Does this change the way I've always thought about Robin Hood?
Perhaps his Band of Merry Men should have tipped me off although it was in the late-1950s when I watched it.
Had no idea what a bi-sexual was then.
I'm not saying GE is on the way out but often times when a company does a reverse split it's because their tanking stock price reflects their business model,,, lookout below.
I hope that isn't the case for GE.
Thomas Edison is probably spinning several thousand revs in his grave. Jack Welch...
Five years ago I was part of a road cruise with a group of Sacramento Mustang guys. I talked with one guy who said his car pulled 835 on the dyno. I asked him how it passed smog, he cracked a sly grin and said I swap engines every two years for the test.
Here's a screenshot of his website:
Farewell
It is with a heavy heart that i am closing Fox Lake Power Products. I have lived the dream of helping Ford guys go fast for 28 years, but now it’s time to move on.
A big thank you goes out to the loyal employees and die-hard Ford enthusiast that I...
Many of you are probably aware of Ron @ Fox Lake as one of the very best builders of high performance cylinder heads. This past Monday we were in Ontario, CA at Accufab Racing to pick up the 2005 Ford GT short block that John Mehovitz built for me.
In passing I mentioned that Fox Lake had done...