Thursday, April 17, 2008

Why You Should Buy a Garmin

So Garmin (GRMN) stock has been on a water slide straight down to zero since the start of 2008. Why?

Fundamentals would seem to indicate that Garmin has a lot of growth ahead. Yes, the market is afraid of anything these days, even if it's a cute fluffy bunny, but it seems people are extra afraid of Garmin... or are they? Could it be that someone with deep pockets has an agenda, knows Garmin has good growth ahead of it, but is for the time being preying on the market fear to drive the price down?

Well one can only speculate, I guess, but just in case there is an evil plot, you should buy a Garmin nuvi and a nuvifone when it comes out so we can punish these evil doers.

Besides, what are tax rebates for? That's right... nuvis!