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Ford Motor Co. Message Board

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  • xavierrudolph99999 xavierrudolph99999 Oct 15, 2011 7:54 PM Flag

    Still confident. Short from 13

    Once the dust settles and the euphoria from the contract settlement dies out, it will begin to backtrack again. You get a few days of rising and it's like Christmas morning to some here. The earnings are up in the air. I don't make decisions on "potential". Let' us witness how this coming week plays out before you guys go hand in hand into the sunset.
    XX

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    • Xavierrduolph,

      That's it? Not a lot to hang your hat on! I really never thought the contract was much of an issue. It is in the news right now, and if the tentative agreement is accepted, of course that will be looked upon as a win. However, the many positives working in Ford's favor are so overwhelming, I thought you might offer something substantial that was on the negave side. Ford's progress has been pretty steady and predictable as of late. I don't see any negative surprises on the horizon. With continued strong sales, paydown of debt, credit rating upgrades, analyst stock upgrades, dividends on the horizon (it is just a matter of when, not if)...I just don't see the attraction for a serious short.

      What I really think is that you've finally decided it is time to throw in the towel, and you're hoping to salvage some of your small profit when you cover on Monday. Regardless of what the real story is, I wish you luck. If you're seriously holding out for $8, I think your setting yourself up for failure. But then again, I never saw the $9s coming either.

      Gomek

    • Also, there are still some big locals that have yet to be counted. Don't get too confident before the numbers come in.
      XX

      • 1 Reply to xavierrudolph99999
      • As someone who was out of work for over a year, accepted a part-time position as a cashier at near minimum wage just to get back in the workforce and gain some positive momentum (it helped), and finally settled on a full-time position for about 50% of my prior wages for much more demanding work...well I'll just say that my personal experience wouldn't be supportive of a contract rejection and strike if it were my call. It is tough out there in the job market. And I've been employed with just short, self determined breaks between several employers in positions of steadily increasing responsibility and wages (until Aug. 2010) for the past twenty-five years. My recent layoff and bout of unemployment was a wake-up call indeed! It is a very tough job market out there.

        Gomek

 
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