Everyone thought WorldCom was too big to go to zero - and then it did. Ford seems to be heading in that direction and gaining momentum. With thousands of other stocks to choose from there are not many reasons to own Ford.
Poor management is to blame. Their Diversity Program hires and promotes people (salaried) based upon skin color and sex rather than experience and qualifications. The results speak for themselves with billions in losses in 2007, declining market share month after month, no dividends, law suits, very low vehicle resale values and loss of reputation.
Strong sell and boycott in effect until changes are made and announced.
Why would you want to sell when the UAW will be handed BILLIONS in stock to add to the cash it needs to fund the deal. When the deal is announsed the stock will SKY ROCKET and this will give the VERBA fund an unbelieveable extra cash infusion. Remember now, the UAW plays a big part in their financial future and it benifits them ALL when that stock price goes up not down.