Just heard him Dis F on the "lightning round".......advised don't buy because Mulally is the reason "we" like F and he's leaving. What a hypocrite, I remember him calling Mulally a liar to the show back not too long ago. Also advised someone else to buy GM so it appears he's playing the hedgie line here.
Bloomberg reports that Hayden Capital Management has taken a stake in the automaker (GM). Its founder Kyle Bass is pumping the stock now of course.
I heard on Benzinga that ______ Capital Markets (couldn't hear whole name) took a stake in GM. That's the only reason it is outperforming F today. Idiot copycat traders trying to play the news.
Ford could see halo effect from new Mustang
The age-old battle between the Ford (F) Mustang and Chevrolet Camaro takes a new twist tomorrow when the redesigned Mustang is unleashed in global markets.By market share, Camaro has raced past Mustang, but the iconic car also has a "halo" effect which has helped the Ford brand.What to watch: Though a "bit" player in the larger picture of global Ford sales, by entering a purely American car - instead of a watered-down European couple - Ford can make a strong design statement that could help sales of other models.
So is GM so no "Mr" for you Whiz. By the way, anybody can cherry pick a high point to give a bad comparison to in stocks that have been as volatile as F and GM, so I'm definitely NOT impressed. Lame failed attempt at redirection also.
It was just announced that some big player took a stake in GM........but if you were really a whiz you'd know that. F is up 0.9% so far so it is hardly stumbling.
The automaker's inventory level is at 91 days, but plans are already in place to curb production this quarter - while Chrysler and GM are taking a more aggressive stance.
Ford (F) continues to draw praise for its management of inventory, seen as slightly more conservative than some other major automakers.
test. Yahoo deleted the post two times already. What a joke they are. Other's spam incessantly here and I can't post an informational post about the stock.
PS: If F and GM continue to beat analyst's consensus at an avg. of 14% beat, then after reporting Q1 '14 their ttm EPS Growths will be +29.7% and +32%........pretty much in line with each other and pretty much GREAT !
"This isn't without precedent as it slid from 17+ to below 10"
But what was going on back then? That was from Jan '11 to Sep '11 and both F and GM had precipitous -40+% declines vs -12% for the S&P500. There has to have been something fundamentally disastrous with their earnings pictures back then that simply DOES NOT exist at the present time. You're talking about something that happened more than 2 years ago.
The recent disparity in the last 10 weeks performance between F and GM (-3.8% vs +2.6%) is annoying, BUT the fundamentals are on the side of F, since the ttm EPS Growth for F vs GM is +25.6% vs -6.35%. If both F and GM just meet consensus for the next quarter it will still be +15% vs +3.4%. GM earnings are very erratic compared to F. Both companies have averaged a consensus beat of about +14% going back to Q4 '11 but YoY % Growth has been much more consistently positive for F.
All this screams BUY for F vs GM IMHO.
Then why did GM sell off too? More likely that it was just profit taking in the autos and financials.............hedgie game playing.
Here's some more facts to consider:
1) Analysts like the approach of Ford which has scheduled periods of downtime at select plants to keep inventory at optimal levels.
2) Ford had already tipped off that it would selectively idle some plants to keep production in line with demand. An estimate for production of 770K vehicles in Q4 is UNCHANGED.
3) Execs with Ford and Volkswagen both cited increased incentive activity during the month, but an increase in the mix of high-margin truck sales at many automakers could counterbalance the promotions.
4) Ford saw truck sales rise 15.5% Y/Y with both the F-Series and E-Series posting SOLID gains.
You already posted this in your other thread. Why not just bump that one instead of repeating it? Oh.....didn't like the responses you got I guess.
Probably just profit taking day for auto and financial stocks............I hope. Defensive stocks were up like utilities and staples.
On Fidelity site it says that 74% (2847 orders) were BUYS and only 26% (980) were SELLS. I believe this was caused by the hedgies colluding with each other..........as usual.