wmatheny

Weston Matheny

Real Money Earned: $0.20
Location: Columbus, OH
Member Since: 4/20/09
Portfolio Total:$1,132,971.84

Stock Analysis: 1 No Analyses
Portfolio Start Date04/20/09
Annualized Return:21.9%
Total Return:13.3%

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Stock Pick by Weston Matheny

HMC: Ohio Honda Plant Declares Buyout to Employees

Start trading HMC with real money!

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Posted 213 days ago on 4/21/09

Market call:HMC will go DOWN
Target: $21.82 on 7/21/09
Current: $30.57 (8.64% from time of market call)

Honda has officially released notice to the thousands of employees located at their Ohio Manufacturing plant that they can choose a buyout option starting at 6 am this morning going until June 6 of this year. With the loss of this plant due to the ever decrease in Honda sales in the United States, there will be a huge hit to the company which cannot be avoided due to the loss of this plant.

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