Down over a buck with soaring markets. Today was just gravy adding to the losses. No excuses for yesterday's action as it makes the combined 2 days a big whammy. Should have been up $1 yesterday, down 1 today. In another words---flat.
From Bloomberg news. Several shareholders taking Bill Ford to task for anemic stock performance. Calling to bring back Mulally as an advisor. Several people questioning Fields taking on other responsibilities outside of Ford (IBM board, China)....
Ha, these guys are talking up things I've been saying for 5 years. There is a disconnect between Ford the company and Ford the stock. Frustration setting in.
Should have issued special dividends. Money in hand. There's a lot of billions lost on paper right now.
Pre planned sale. The sale date was pre planned long ago. Had nothing to do with the stock price. Had they missed on their earnings and the stock tanked...the same sale would have proceeded.
Wrong. Pre planned sale. Same thing happened last year. Same thing will happen next year. Nothing more than estate planning. He can't take the stock with him. Stocks don't fund charitable projects...cash does.
Are you shills still here? LOL. Sold some? What happened to 18? 17? 16? 15? 14?...you sold in the mid 13's? Obvious you longs, after 5 years of watching the Dow jump 6,000 points and Ford go in reverse..have had enough.
Look at it this way...you're already going to be down 10+ by tomorrow when you look where it was a couple weeks ago. Now you're sweating a miss and another 10 point drop. Even if you beat and beat big, all you do is get back to where you were...maybe. If that's not a bad situation, I don't know what is. Could be a cumulative 20 point drop on ANY sense of disappointment. If things go great, all you do is get back even.
Holding thru earnings tech is a zero sum game. Not worth it. If you sold at 3:59 and bought back at 3:59 tomorrow on every tech you own prior to earnings...you would increase your cash account by 16%. You still own same amount of shares but now have $1,000's extra, maybe $10,000's extra. It's just not worth holding thru earnings.
The problem with owning tech on earnings. Can be good. Can also be REAL bad. GOOG down $50. NFLX down $14. Apple down $7. Up next FB. I don't care who you are or how many shares you own. On earnings day if you aren't cued in to what's going on..you're an idiot.
Yep. Been saying it now for a while. Eventually he was going to have to come out from Steve's product line. Didn't happen. Not an innovator.
Writing is on the wall. Tim Cook is a very talented guy but not an innovator nor a product guy. He can only ride on Steves coatails for so long without bringing innovation. Steve has been gone 5 years. Time is up.
Because the way this looking...it's already dropped $8 heading into earnings. It needs to climb 8+ just to get back there. God forbid a slight disappointment on Wednesday....sub $100....again. Growing weary of the tech hammering. Growing weary. No excuse for this to continue to drop like this.