Porsche AG VzPorsche AG VzPorsche AG Vz

Porsche AG Vz

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P911 All the bad news is now out ... The car sector is getting pummled. I think if there is one company that can bounce back and retain a position as a prized high end car ahead of the plastic brigade it will be Porsche.

P911: I'm willing to hold this for the long term. If the price drops, I’ll buy more. The CEO is very capable, and the fundamentals look strong. The technicals are good, although the financial environment is challenging. I believe this is a low-risk, high-return opportunity.

P911 now fallen below 72.00EUR. What now? Will it continue to go down or make a turn around?