Ford Motor Co. Message Board
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Today S&P reiterated its buy rating on F
They said "revenues should rise 10% in'13 with EPS advancing 17%. Saw it at Ameritrade site
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Unfortunately, 153 million shares is not that big a short position. I wish it were larger, since a large short position is what fuels rallies in this market. I do think, however, that Ford is actively shorted by daytraders. For example, I think they were shorting it at 11.56 here on the premise that it would move back down to 11.50 before the close -- usually an easy bet, but perhaps not today.
- 1 Reply to bearofbleecker
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Most of the larger short positions were put on under $11. Jim Chanos huge short position probably under $10. These shorts are more than likely paying people to flood this board with political gibberish so anything positive about F is quickly gone from top messages.
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I saw Cramer this AM say the upgrade from Fitch will improve nos. I agree with you that he may start pumping F.
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Let's see; Did I buy more today? Yes! Would I short when S&P and Jeffries both reiterated their buy rating? NO
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145 mil shares short. Giving your shares up under $12? Not too bright
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Shorts will be covering this wk or pay the div. Make them pay up for your shares
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