I would love to post a pic here to make sure I'm thinking it's the correct thing but I'm not sure how to do that?  Csleaver any chance you can post a pick or lead me to a YouTube video showing it and maybe changing it.  I believe it won't be a hard job I just don't want to take apart something I shouldn't.  

1 hour ago, Steve B. said:

Guessing no dealer can sell any new boat at any old price they want to. No way and large corp would allow a dealer to undercut their other loyal dealers. Wishful thinking.

I’m with you, this is the way it SHOULD be run.  But sadly this isn’t how modern corporations do business anymore.  All they care about is stock price.  So the only thing that will incentivize them to buyback those boats and control the market price will be the risk of a long term stock price slump if they don’t buy them back.  It would be a tough pill to swallow to take all that money they’ve been paid already for the boats in Tommy’s possession and give a lot of it back to them (M&T) just to keep market prices inflated for a few seasons.  I could definitely see them keeping the money, cutting output at the factory the next couple years and increasing their incentives to dealers to compensate for their losses while the pricing evens back out over the next few years.  In the long run many of their dealers will end up reselling the cheap boats from M&T.  Someone will get a good price from M&T, then it will get traded in and resold 10 more times.  If Malibu wins their case I doubt they worry too much about the extra boats M&T is holding.  MBUU shares will get hit the hardest if they are found liable for the damages Tommy’s did to M&T.  

1 hour ago, oldjeep said:

I guess that works if you are ok with kids living with you forever;) Our deal was, you can stay as long as you are doing serious saving for a house.  Otherwise the rental market is your oyster.

Yeah this method seems to work if you’re part of the upper middle class and above.  In my anecdote the guys parents were decently wealthy by todays standards and had multiple houses that he and his siblings could live in while they built their businesses and waited out the housing crisis.  I know a few guys that live with their parents and own expensive fishing boats and do so in much less glamour and style but seem to make it work so who knows 😂.

22 hours ago, roeboat said:

https://www.facebook.com/share/9KfpRXxe6EVEoi8G/?mibextid=kL3p88

Never seen a Malibu like this! Rough shape but interesting. Looks like a genuine tag from Merced CA 

Looks like same model as this one

https://www.themalibucrew.com/index.php?/forums/topic/58671-1986-malibu-sportster/

1 hour ago, jjackkrash said:

I have not closely followed what's happening on the ground but if we are talking huge numbers of boats and Tommy's is out of trust, then I'd be surprised if the bank doesn't have say over the sales or that a receiver has not been appointed to control the sale of the collateral with court supervision.  And if there are creditors owed money in addition to the bank then the person or entity controlling the collateral sale could/would most likely have some duty to reasonably maximize value to protect all creditors.  I am sure it is a complicated mess.  

Exactly someone's bonus is based on how little M&T looses... They aren't going to wheel and deal immediately.. as mentioned banks are not in the business of selling boats... So they will likely need to come down a bit soon and will likely come down more as it progresses.. soon they become a liability and we still don't exactly know if all or some of Tommy's locations are separate entities which may/ could charge storage fees to M&T !?!?!?