Yes . Ford dropping below 13 is simply not news to anybody who has read my posts for the last 5 years .
What has happened this year
The China myth which is my name given to China driving auto sales.. The pumpers here kept telling us CHINA would save the U.S. auto
The 17 million car sales myth true but 7 of the top 7 selling cars are foreign
The 150 driving profits through the roof , yet to be seen
Ford will climb in a bad mkt, Ford 18 to 20 a share , really it is barely able to hold 13
THE UAW MYTH FORD has the highest labor cost in the industry and the UAW wants to raise them in the new contract
SO WHAT DO WE HAVE , FORD may be over sold here. In the end bankruptcy is in the future.
But buying some here and waiting for the results of this year is not a bad Black Jack play as explained to MO the head of the Pumping Gang it is not a total gamble but it is not and investment.
Show time for Ford
7 of the top 7 selling cars foeign
Because the Ford really do not care about the stock price like you do .
They own a different class.
They get outrageous salary for basically doing nothing.
They have chauffer's ,travel the world on the Companies dime.
Example Elena Ford, the 44-year-old director of global marketing for Ford Motor Co
Drinking and driving
Bstaurrey Your post is cauing me stomach upset. LOL to have to admit MO the leader of the Pumping Gang just posted something sane
THERE JUST IS NO REASON for them to take this company private. They already own the company without any of the risks of a private company.
There remain fundamental problems with all three of the U.S. companies.
Commodity product. Brand loyailty simply no longer exsists. My Dad always bought Olds Delta 88
Uncle bought Buick LeSabere through the 1960s
Very seldom to I meet anyone buying the same model for replacement with the exception of the Toyota Corrolla , Camery
Cultural shift NOBODY CARES IF YOU BUY FOREIGN it is opposit now the question is why did you buy a Ford or GM ? And I live in Michigan .
The 150 needed to be a Grand Slam we are in month 8 and we still do not know what it means to profit . Albiet there is hope.
THE UAW contract this is never a good thing. But a Third Tier is and absolute that is needed, but it is not going to happen. Bare minium, no, raises , not going to happen.
17 million , sales do eventually come down. F and GM piece of the 17 million is misleading
Again THERE IS A CHANCE OF 18 ,if everything comes together
150 drives profit , Europe can somehow show a profit , contract will not be a win BUT
after the run up I want out .
It is hard to understand why Questionater and the rest do not understand F price.
Well they do but just pump for UAW raises.
7 of the top selling 7 cars are foreign
17 million in sales will not go on forever .PART 2 which is always left out those sales belong to Toyota, BMW,Honda and then you have the Little 3 picking up scraps
THE JURY IS STILL OUT ON THE 150 it is show time
NEW UAW CONTRACT will cut into razor thin profit margins which we already have
Europe still unknown
The CHINA myth has been exposed big time as I predicted
Ford is still one trick pony ,lets see the Continental
And for FORD to go up 20 % is saying a lot , to 20 bucks is over a 30 % rise
Finally the UAW fact that is always ignored
Ford sold 3 million cars in 3 years and lost 30 billion the investment community understands profit/loss can turn on a dime
The UAW does not and will not agree to a reasonable 3 rd tier for the future in fact they are trying to eliminate the already too high second tier.
BUT I ADMIT to holding for the Greater Fool Theory so BUY BUY FORD
And get this baby up one more time before bankrupcy
Amazing . More proof to Questioater ,flying,lovelicoln,jeff,mo THAT LABOR COSTS DO MATTER.
Are we seeing hope that bankrupcy will be staved off and that the autos maybe a long term investment ?
If this contract turns out bad and it wil , perhaps F and GM realize a third tier is not going to happen. And there gearing up to off shore everything for the fututre ?
Larbor costs have be explained endlessly. By experts to no avail to he UAW.
You are jumpig to a lot of conclusions. There making a very simple argument. Which if you feel something is wrong with this economy ,may have some merit. Having just returned from a month of working in 3 states , it appears the economy is chugging along. How I do not know.
The argument they are making is if the economy crashes , people will default on their auto loans as they did in the past. Furthermore they should never have been given the loans in the first place.
This is much like the story of my C 300 vs the Caddy and Lincoln.
Both the above could not come close to my lease rate . They claimed that C was losing money on everyone leased. ANd when they were returned it would cause a glut with more problems
Surprizingly the C dealers agreed 100% with that reasoning. And said in a few years big problems are ahead.
I think you are correct that many of the UAW posters use mutiple ids.
However I do not think they pump the stock for stock mkt gains. Most UAW members own little or no stock in the company.
I doubt Mo and the gang, flying, lovelincolns,lilmuffin, jeff .questionater own 500 shares between them
THEY do pump so that they can get raises .
Questionater is a regular on the GM board [I own quite a bit and seldom post there] yet he knocks GM all the time here.
He posts on the GM and Ford board to try to further the UAW agenda.
Pay UAW more money because
Labor costs do not effect profit
Stop out sourcing /off shoring because labor costs are meaningless
Ford and GM make too much in profits it should go to the worker
Stock holders , Bond holders are basically bag holders
UAW had nothing to do with GM,C bankrupcy and pushing F to the brink
In August of 2014 FORD WAS IN 17s
iluvamuffin • Aug 18, 2014 1:38 PM Flag
I kind of like where it is today, and I do believe in another year or so it will be much higher than this and in the meantime pay out many dividends.
He has pumped this stock forever in the exact same range it has been.
Ultimatly I DO BELIEVE THERE IS ONE LAST RUN BEFORE THE HAMMER FALLS I AM COUNTING ON IT
BUT realistically it never went up and 18 is a pretty high call now.
Afterall everything has to go right for it to reach 18 at this point.
First lets start with" Ford has never had a strike " why does this need to be addressed ? Yes they have had a strike.
Next the fact that they have not had strikes recently is a major part of the reason they came close to bankrupcy and one reason the stock is trading below 15 .
Why , because Ford always caves into the UAW . As they have little choice less now with so many Americans buying foreign product [ 7 of the top 7 selling cars are foreign] therefore unless they eliminate the UAW during a strike as Gannet papers did , FORD cannot win so they give in and the result is eventually losses. IE . 3 million cars sold 30 billion $ lost.
Around the 2009 ? contract Ford and the UAW said what a great contract it was , the Street immediatly sold Ford off .
IF FORD is under 15 now , HOW IN THE WORLD DO YOU THINK they are going to pay raises and increase profit margins when the UAW gains wage hikes ?
The white collar also gets whatever the UAW gains.
Maybe if the 150 finally delievers a short term spike in profit will drive the stock.
But watch out below in 3 years when higher wages , slowing slaes meet .
The kettlle calling the pot black. Questionater a Union shill who posts daily on the GM board simply to support higher wages for the UAW.
He posts articles here on Ford products that anyone can or already has read.
He rah rahs Ford stock for one reason only , he wants higher wages . And in the event of the bankrupcy he knows that he will keep his job because it is the bond holder and stock holder who end up sold out.
He tells us labor means nothing in a commodity product , yet never explains why the Big 3 continue to off shore . Yet at times he admits to the lower labor cost in MX as the reason as for the reason. Ergo making the point for me.
99 out of one hundred sources talk about the UAW as a big part almost the major reason for the bankrupcy .
He still will not answer how Ford sold 3 million cars and lost 30 billion in 3 years .
Or the fact Ford always sells enough product but cost of production means no profit.
This is not the first time the auto loans for GM and F have been brought up as possible bad debt . This idea has been around for several years. Somehow this economy seems to keep going , Mc Donalds , Walmart is always hiring .
As for the idea their trying to drive the stock down , I am not sure I am on board. While Ford may or may not have a last run left before bankrupcy I do not know. But for the near future , I do not see has a great short either. More and more people are talking that GM and F cannot substain these profits forever. Especially with the raises coming from the UAW contract . The boom/bust cycle which I have often posted about has to happen sooner or later. The stock mkt also does not go up forever.
Some say record profits for Ford this year. Ok where does that drive us too ? 20 then what ?
I am still waiting for the so called grand results of the 150 this is show time less then 5 months now to show us the $.
Everywhere I go I see the domination in the low end of the foriegn cars . In the high end also , and I live in Mi as you know . You cannot continue with 7 of the top 7 being foreign. We are not converting buyers to American we are losing them.
Let me get to 18 and think it over. If we hit 20 and I am still holding I think I am done with the U.S. auto.
Mark my words the new UAW contract will cut into the razor thin profits .
GM and F low 30s F cannot hold 15 please explain when the UAW gets raises how that will not impact profits ? Maybe niot the first year but soon enough ?
The real question is why a Ford employee QUESTINATOR posts on the GM board.
Other than to further the UAW agenda of destroying the auto companies.
Do not matter. Too bad no one else understands their voodoo math . Iwonder if F and GM will finally o something to insure their survival.
uly 23 -- Ford, beset by the highest U.S. labor costs in the industry, is seeking to use contract talks this summer to ease the burden. Bloomberg's Keith Naughton has more on "Bloomberg Markets."
nails are pounding the coffin lid shut. The new contract will yield lower margins as we head for what most believe will be the end of these high sales fiqures.
We wait for July news it seems like it is all on the line .
Ford must show 150 results ,it is the only real profit driver.
The China myth has I explained years ago has now been proven .
What about the Europe nightmare ?
Everyone is starting to say Do not touch F or GM.
YIKES is it possible another run will not happen ?
Will we start the march of the next 3 to 10 years toward the bankrupcy ?
BOTH STOCKS SEEM TEMPTING I am already loaded with them .
Yet car sales cannot continue at this level, 7 of the top 7 selling cars are foreign
UAW will not accept the needed wage cuts , they are delusional just read lovelincoln, questionater,fly
WILL THE 150 finally deliever or is it all smoke ?
Someone tell me THE END IS NOT COMING
For in 14s GM below initial pricing .
P.S. does nt the price of Ford and GM tell you something is wrong.
The street is in fear of this new contract and the losses that will follow.
Jeffegg Not trying to be mean . But as usual right over your head. The point posters and myself are pointing out to you , is everyone besides the UAW [Wallstreet and everyone else] know s wage reduction are nessary for survival. In fact the last article I quoted from makes mention of what I have said here for years. This sale boom will end at some point.
And the U.S. auto needs to cut costs to survive.
The question is , what did F, GM, C, learn.
Do they finally lock everyone out . Or do they do the usual
Give in because they think they can make profits for awhile.and then a miricale will save them
And end up again with 6 million cars sold and 30 billion dollars lost.
UAW HEAD SAYS TALKS WILL BE DIFFICULT guess he did not ead jeffegg
Speaking of which
This year, the union wants to win wage increases for autoworkers after years of rising sales and profits among U.S. automakers while the manufacturers will want to hold down labor costs so they can remain competitive with Asian and German rivals.
GTE IT YET HOLD DOWN LABOR COSTS OR WE ARE DOOMED
WOW a few dollars over
3 years = 40k workers x 9k bonus
40k workers x 40 hours a week a 3 dollar wage reduction = 160 x 52 yearly = 8320 hours
Cut to normal working vacation time paid U.S. workers =
Overtime costs less at my 3.00 reduction
New workers cap at 17 bucks that is a heck of a savings
Cut health benifits to match the average Americans pay plan
FICA,SS reduction in matches to Ford
Now work on the math there buddy WHILE
You develope that superior flying car that is going to stop the endless slide of 7 of top 7 selling cars being foreign
Or the fact a Toyota is the same as a Fushion as a C 200 as a ______
And that everybody wants a BMW