He is clueless to the end. Amazing! 4.1 trillion more! Bar none the worst President this country has ever seen.
The UAW is acting like this is a surprise. Ford was quite public about its need to re direct lower profit cars vs. trucks to Mexico in order to make the UAW contract work. The UAW senior leadership wanting desperately to seal the deal on a contract agreed to the deal with this understanding written or not. Now they are playing this like its some kind of betrayal to look good to their members. The first that needs to go are the overpaid union leadership.
I am not a big fan of Fields but I have to say that I thought he did a nice job of laying out the case for Ford on Cramer today. He came across as reasoned and animated and put forth a good case for why Ford is undervalued. Lets hope somebody out there in the investment community finally rings the bell and says buy soon.
Well, what a surprise. Ford has a blow out month in China and the stock tanks. Never seen anything like it with a stock. Just have to keep selling close dated covered calls and hope it does not take off when I am locked.
Trust is non existent from Wall Street. The European announcement hit like a lead balloon today. Yet another negative surprise. Why did they have to announce this if they hoped to accomplish the reduction through attrition and other ways This a day after they talked up how bad South America is. . Like I have said before. Every time Fields opens his mouth the stock drops .50 cents. Time for him to go.
Well, I don't think 5% represents a " plummet " when we had 2 less selling days about (8percent less) plus bad weather. They may have also pulled some sales forward into Dec. as many companies do. Not really too concerned here. Feb should be pretty strong.
Look deeply into my eyes. Now stare at the center. Freeeeeee stuff from the government - Freeeee stuff from the government --- Freeeeeee stuff from the government Freeeeee stuff from the government --- Freeee stuff from the government --- Freeee stuff from the government!!!!!!!
It will all be about the F150 in terms of sales. An annual pace of 900,000 will drive profit in North America. Nothing else really matters other than perhaps the China numbers. January will be soft Feb will be big due to delays in purchases as a result of the snow in the northeast. 70k to 75k F150 number in January would be killing it. Don't bother with the rest. Its that simple.
Ford would be a nice buy for Google at these prices. Ford Cash on hand alone would cover a chunk of the buy. Its ashame that the Ford Family has all of those preferred shares. They are really holding this stock back.
Ameritrade and yahoo finance are still showing Ford at a PE near 10. When will the financial sites start reflecting the true PE for Ford for 2015. Earnings are out. Why does it take so long.
It more than occurred to me. It obviously was wrong. I think the one thing you said was actually the most relevant. Untrustworthy CEO. The guy comes across as a used car salesman with canned rehearsed statements. Every time he opens his mouth the stock drops .50 cents. Wall Street simply is not buying this guy and the board needs to realize the huge implications of this. Sorry Fields but its not working dude
Or, no one believes forward guidance. The market wants to see January sales especially from China. If that blows the skeptics away we might see some light at the end of the tunnel. If January comes back weak its going to get even uglier. I personally think the market is just freaked out right now and if things calm down in the next month or two we could see a very nice climb from her. Unfortunately if I were right most of the time I would not be sitting here typing my opinions. I'd be in ST. Barts hangin this time of year with the celebs.