Prove it, please. Need supportive text, not just empty blanket statements.
Without significant improvement in earnings, FCAU will be a a day-trader's stock, but long-term laggard investment. GM is the choice for long-term cash.
Seeing a flurry of prospective compact sedan sedan shoppers posting that due to the Honda Civic engine failures that they have decided to go with the Cruze that was in the mix of their collective comparisons. I can only imagine this small sampling is just a microcosm of actual prospective car shoppers that have the Chevy Cruze on their buying comparison checklist.
GM's Cruze sales should greatly benefit by Honda Civic's engine failures.
This will chase out the dividend investors, drive the price down in the near term, and with oil supply still high, pricing pressure remains in full swing.
I am taking the view that if you're in cash right now, this is a good time to be adding oil stocks to your portfolio. If you're holding on to a loss and can wait it out, prices will eventually rise.
Right now I am treating these drops as buying opportunities with a very long time horizon until I need the cash I am putting into oil now. I am confident oil will surge higher again. Just glad I stayed in cash all this time to be able to buy in at these low oil price levels.
This doesn't mean I am limiting myself to COP, but I haven't decided where new cash will go into just yet...
Transmission was a distinct and completely separate problem they Had with the Ford GT. Last I read they are now saying it was something in the gear linkage, but I doubt we'll know for sure as they will want this news to go away.
It's too bad, I was hoping for a good showing from the Ford GT to see if they could give the Corvette team a run for their money. But that didn't happen and it seems the Cirvette engineers are on their A-game while Ford engineers are still searching for the right solutions,
The transmission problem is downright embarrassing for their premiere sports super car. And in this day in age, brakes and tires also should have been worked out, there were no like issues with other cars that I am aware of.
Honda with the overall win, and Chevy with it's class win with the Corvette of the Ford GT get the bragging rights that Ford can't use this year, a year where they put a lot of pre-press into the GT.
On a day when F could have been up double-digit percentages based on earnings, it not only disappointed in market price action, it also lagged GM in stock price gain. I think the message the message is clear, institutional investors will move into GM before they go anywhere near F. For that, I say Ford stock is one to avoid versus GM.
That said, I also feel the better investments from this point forward will be those oil-related stocks with natural gas diversification. Auto stocks are more likely to be the lagging performers in a portfolio in comparison to oil. Yesterday, I made my entry purchase into oil since I sold all of my oil positions in July of 2014. Next week I'll evaluate what part, if any, of the auto sector I may move cash into now that we have seen what happened with F's report and follow-up market response. Though I may just end up deciding keeping that cash in the safer, albeit, lower performing stable fund and the like fixed instruments.
We've already been proven that this market is ready to fold like a wet noodle with little cause, so any long position I may establish with have preset sell points both at gain and a loss points. This is indeed no long-term, "set it and forget it" type of market. Quite the opposite. Those saying we could fall another -30% shouldn't be completely ignored either.
Inept staff, management that reduces banking hours and increases fees to nickel and dime its customers, and apparently nobody there to care to listen. I hope M&T loses it's customer base... It lost accounts from my family..
I call BS on your post. First off, according to Yahoo, your ID was only created in October 2015.
Second, I was *actually here* when the price traded in the 30's and was one of many longs here, and you weren't one of them, especially making any claims, especially to $700.
So go pump your Tesla calls somewhere else!
So glad I got out when I did... More luck than skill on that exit, a real gut feeling move to be completely honest. Glad to have that cash now!