I agree the Mulally thing is just bizarre. No matter how you explain it comes down to he is waiting for an offer or no offer. Otherwise long ago he could have simply said NO MATTER WHAT THEY OFFER I WILL NOT EXCEPT
Hard to see GM an Ford moving in lockstep ,look at a chart from after the bankruptcy . Look at the last month ? An during the crash GM went from 50 ish to 0 . Ford fell from 12 ish to 2 ish .
If you had a bit of intelligence you could do your own research . I have 3 names I post under here . An since the board has largely become useless I seldom post. As you can check information was created 2007 . Before that an to this day my primary name was Bozothestockbroker.. But since I posted a lot from work an since I am always buying selling stock an doing other things I did not always want to change my email . You can go back an read my many posts WHICH ACTUALLY CHRONICAL FORD MOVEMENT . While many have come an gone I HAVE BEEN DEAD ON SINCE THE ALAN/BILL lies to billionaire KIRK . That is not to say I did not take a hit on my 30k shares at the time.
ALSO I USE TO IF YOU CHECK WOULD ALWAYS PLACE THE DISCLAIMER of posting under both names as the message is the same .
An under both you are a MORON . Everyone understands the role of labor in the little 3 problems
It is well documented. Can the UAW pay for someone on occasion to say otherwise sure an there are people who still claim the Earth is flat.
There is no honor among these super rich . IF THAT WAS THE CASE LEARN YOUR HISTORY !
JUST BEFORE THE STOCK CRASHED 3 days ALAN an BILL appeared on National TV an stated Ford is doing fine they even bamboozled Kirk who bought 10 million more shares .
A few days later they announced big LOSSES . This was all part of the plan for Kirk to lose billions as he was pushing Ford family to sell the Company.
Even billionaires will stab other billionares in back think Alan cares about YOU ?
Another mutual fund person heard from , there is no such thing as a safe stock . Ford was in 9s when ALan an Bill told everyone on National tv everything was great . 3 days later they announced how bad things really were an the stock started to plummet. Even billionaire Kirk got taken .
You belong in mutual funds. This guy bought a few shares . He probably makes more then a million a year. This is just a who knows. Insider buys are considered meaningful when they amount to millions of dollars.
In many cases even a purchase of 500 thousand dollars does not mean much if the guy is making 13 million plus .
This is why you made your money buy trading Ford not holding.
If he goes or not depends on the offer , if he gets it. You though remain in denial. Alan has a contract for another year . The Ford family ie. Bill Jr who makes the call said he can stay as long as he wants . Although that in of itself could change lol.
THE BOTTOM LINE ALAN could put a stop to this if he cared too or the real reason he is not is because he will look at the offer.
Alan simply needs to appear on any media outlet an state they could offer me billions but I am not going . Microsoft please take my name out of consideration . I am staying at Ford an that is that.
SAME AS HILARY NOT SAYING SHE IS RUNNING but not saying SHE IS NOT .
I have mentioned this numerous times Japanese advantage, economy, interest rates rise .
I added to position but hope I can get out next week . Profit cut big time but up big over the year on Ford.
DUH please provide the link. Cramer said there is some unknown reason why Ford is down .
Because the sell off basically occurred. Buyers do not like uncertainty. If Alan had 10 years left that would be an issue but at best he is only here a year maybe 2 .
I think there will be more downside on the news , then a rally . Although after reading the sales miss/report I think that may be the driver.
Actually the exact opposite. Keeping GM under Government control keeps auto costs under control. Once GM is freed the UAW will rear its head. GM will start paying outrageous bonus to everybody .
In turn Ford will be forced to match .
An the vicious cycle starts over again leading to the final bankruptcy of the little 3 in ten years or so.
Believe me my relative works high up at GM they will go right back to the old ways.
Ford is still over paying UAW an white collar.
looming DOW correction an the big run up in stock an now we have the answer. Profit taking an the belief Ford has a long way to go to stay above 17 . 20 if everything happens right is a long way off.
We knew a sell off was coming on the news. This is more dramatic over a dollar an when the announcement comes more loss. Still a buying opportunity .
THE only problem is it something else ?
Stocks do not sell off like this without something going on an with all the good news. For once Crammer is right although he did not say buy or sell so as usual he is useless.
I don't see how a dollar is normal profit taking on great news an further good news on sales after dividend . Normal would be 20 cents to 50 cents if the mkt was correcting that few days.
Have you ever thought about investing in mutual funds so you don't lose so much money ?
Because we don't know why the drop happened an do not delude yourself this is a big drop. Now you should have sold in the 17 50 range at minimum . An maybe considered buying back 16.50 with no news . Beware a drop in DoW at anythime also.
I would buy if Alan announces he is leaving stock will drop .50 to a buck although some it may be baked in at this point.
Announcement could come as early as today after mkt closes. Something is driving this down an we have to wait to see if it is something bad or just Alan leaving.
What else could this drop be , whats worse is a correctin in DOW is coming.