Wednesday, May 28, 2008 Latest Pick Update General Automotive Company (BB: GNAU) New Buy Recommendation Issued Today! General Automotive Company Rated ‘Speculative Buy’, Target Price $1.63 by Beacon Equity Research The Green Baron Report’s latest fully profiled stock pick, General Automotive Company (BB: GNAU), traded as high as .99 per share on Friday, May 23, up over 41% from our profile price of .70 per share released Wednesday, May 21. We have maintained that members should seriously consider accumulation of GNAU at prices at or below .75 per share. Yesterday, GNAU once again gave us the perfect opportunity to pounce on shares at prices between .63 per share and .70 per share, and early birds this morning may still be able to pick this up at or below .75 per share. This morning, Beacon Equity Research issued an analyst report with a Speculative Buy Rating on General Automotive Company and a price target of $1.63 per share. It is comforting to know that our sentiments about GNAU are echoed by one of Beacon’s top analysts. Members are encouraged to read the new research report that has just been issued and review the many solid reasons to own this stock right now. DALLAS, May 28 /PRNewswire/ -- General Automotive Company (OTC Bulletin Board: GNAU) has been rated Speculative Buy with a price target of $1.63 by Beacon Equity Research Analyst, Victor Sula, Ph.D. The full report is available at http://www.BeaconEquity.com/m. Anyone interested in receiving alerts regarding General Automotive Company research should e-mail members@beaconequity.com with "GNAU" in the subject line. In the report, the analyst writes, "Acquisitions are a key element of GNAU's strategy. The Company seeks to identify well-managed, niche-oriented companies with strong national or international distribution and supply chains that manufacture high-value-added automotive components. According to management, GNAU has already identified several acquisition targets with annual sales in a $20 million to $50 million range. Assuming some or all of these acquisitions close, GNAU will likely achieve its goal of $100 million in sales by 2010." Beacon Equity Research Disclosure The analysts contributing to this report do not hold any shares of General Automotive Company (GNAU). Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Resources and its affiliates have been compensated a total of thirty five thousand free trading shares from Windermere Capital Partners for enrollment of GNAU in its research program and other services. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. BeaconEquity.com Jeff Bishop, (469)-252-3505 Reuben Sushman of Beacon Equity Research is a member of the National Association of Securities Dealers, CRD number 1755680. About General Automotive General Automotive Company ("GAC") is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products at multiple levels of distribution throughout the United States and internationally. Through its two wholly owned subsidiaries, Global Parts Direct and OE Source, the company focuses its efforts on utilizing its relationships with manufacturers in China, Korea and Japan to bring state-of-the-art automotive parts, accessories and products to automobile manufacturers and major parts distributors in the U.S. For more information on GAC and its products, please visit: www.generalautomotive.com.
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