Gyroscopic Investing

Posted: **Wed Jul 20, 2022 11:31 pm**

Here is to hoping the end of shortages is near.

I saw this video and found this article

https://www.youtube.com/watch?v=3lkbuqkul5k

https://www.reuters.com/business/autos- ... 022-07-18/

Apparently there is a lot of hoarding going on with hopes to buy and flip chips for profit. I expect this will be bad news for the hoarders.

Pang has bought 62,000 microcontrollers, chips that help control a range of functions from car engines and transmissions to electric vehicle power systems and charging, which cost the original buyer $23.80 each in Germany.

He's now looking to sell them to auto suppliers in the Chinese tech hub of Shenzhen for $375 apiece. He says he has turned down offers for $100 each, or $6.2 million for the whole bundle, which is small enough to fit in the back seat of a car and is packed for now in a warehouse in Hong Kong.

Posted: **Thu Jul 21, 2022 8:14 am**

It's interesting seeing all the dealerships around where I live looking more like used car lots with a factory authorized service center attached.

Posted: **Thu Jul 21, 2022 9:10 am**

Kbg wrote: ↑Thu Jul 21, 2022 8:14 am
It's interesting seeing all the dealerships around where I live looking more like used car lots with a factory authorized service center attached.

When I was attempting to help my friend acquire a car we walked the full lot of the local Honda dealership. We did not see any new vehicles. I later talked to someone there and he said that they had four in total. They were in the showroom.

Posted: **Thu Jul 21, 2022 2:57 pm**

yankees60 wrote: ↑Thu Jul 21, 2022 9:10 am
Kbg wrote: ↑Thu Jul 21, 2022 8:14 am It's interesting seeing all the dealerships around where I live looking more like used car lots with a factory authorized service center attached.
When I was attempting to help my friend acquire a car we walked the full lot of the local Honda dealership. We did not see any new vehicles. I later talked to someone there and he said that they had four in total. They were in the showroom.

I've read a couple of articles that the car manufactures may like it this way as they know that pretty much across the board the dealership experience in buying a new car is not a pleasant one...and since Tesla basically gave the middle finger to all 50 states on dealership laws they are looking to follow. However, it's quite a bit more difficult to do a reset for the older manufacturers.

Gyroscopic Investing

Car chip shortages

Car chip shortages

Re: Car chip shortages

Re: Car chip shortages

Re: Car chip shortages