Why not get out now and learn how to spell.
I guess you are misinterpreting my post. I am not saying a Japanese company cannot make a mistake and provide bad products. What I am saying is that American competing companies (which means companies that compete against any Japanese companies) have an additional hurdle to jump. Why would an American company run a race (analogy) when the race requires an additional hurdle for themselves? They had an additional supplier that is not in the Japanese Keiretsu group who could have supplied what they needed. Look up the term (Keiretsu) and you will get a somewhat simple explanation of how they work.
In case you are uninformed or unaware there is a business strategy in Japan and it is called Keiretsu which defines a Japanese corporate strategy Japanese companies are intertwined and quietly support each others corporations over non Japanese corporations. In the case of Firestone they supplied other car companies but the bad tires produced in one facility went to Ford who was a strong competitor to Toyota. Ford had an American supplier for air bagsas well so why did they source any work to the Japanese as they must know the term and strategy of the Japanese corporations.
My question is why Ford installed a Japanese air bag in the first place. It seems they would have learned their lesson with the tire issue and a Japanese manufacturer Firestone. A Japanese manufacturer has a conflict of interest in what they supply to competitors vehicles. The Japanese culture believes in Japanese first.
I find it interesting that panic has set in and shares falling due to selling initiatives based on the downgrade and the downgrade was to hold not sell. Oh well get the weak hands out.
Shareholders keep buying management more shares in the form of fees and longs and bozos interpret that as a buying opportunity. If you want a true read of sp value ask yourself why they are not buying back shares here.
Did you write this post from your hospital bed after jumping out the window? Nice to see you took another loss, too bad you had to jump however. In case no one informed you the divvy was cut contrary to your posts and the stock price is well below 9 where you posted it would not be. I thought maybe the jump loosened some useless brain cells in your head but after seeing your latest post I expect you will soon be jumping again.
I can't believe the number of people who did not see the writing on the wall when only on month's dividend was announced for February. Management fees still #$%$ me off to no end and I will unload in a heartbeat the very next time I pick up on something fishy.
Some on this board say management will not sell more shares. Look at the facts folks. In 2010 there were 80 million shares outstanding and now there are 340 million + outstanding. If you check by years you will find the scheme entailed selling more shares each and every year since 2010.I am debating getting back in at 7.50 but even that might be a stretch.
He is recovering from his first stroke when it went down below 8.50. Unfortunately when he came to they told him it had gone down another 40 cents and he had another stroke. Will someone else update his status below 8?