NSANF - Geely Benefits From Ghosn's Fall
Profit at the Others' Expense
Obituaries are already being posted for the carmaker alliance Carlos Ghosn forged between Renault SA ADR (OTCPK:OTCPK:RNLSY) (Grey Market:OTC:RNSDF)–Mitsubishi Motors (OTCPK:MMTOF)–Nissan Motor Co ADR (OTCPK:OTCPK:NSANY) (OTCPK:OTCPK:NSANF). His arrest in Japan now has the alliance wobbling. If there is a break-up of the alliance, Zhejiang Geely Automobile Holdings Ltd ADR (OTCPK:GELYY) (OTCPK:GELYF) and its investors, whom I have been encouraging to BUY shares, are the likely beneficiaries. Investors have little to lose buying GELYY’s stock at its