Its really quite simply. The Board should tell the Worthless #$%$ to hit the road and be done with it.
If you think you will see any type of announcement or any sign that this will be resolved by the board meeting you are thinking wrong. This will continue and continue and continue. The board should and they will not, send him on his way.
Its Not Mullally leaving that is killing the stock. The Cars are junk. Here is part of the article.
Disclosure: I am long F, MSFT. (More...)
After having a very strong rally between summer of 2012 and spring of 2013, Ford (F) is somewhat stuck in a range and many investors are wondering why the company's share price isn't rallying any further despite all the successes it's been seeing all over the world recently. I've seen many comments on Seeking Alpha where investors of Ford were asking why the company isn't trading for values above $20 already as the stock price keeps bouncing up and down between high $16s and low $17s.
In fact, this is a very valid question. In the summer of 2012, Ford bottomed at $8.90 at around a time I was telling investors to back their trucks up to load up on shares. The rally afterwards lasted close to a year and Ford's price jumped to as high as $17.50 by July of this year. When the share price hit that level, many new bulls started to emerge and we saw many articles saying that Ford will be $40-50 by next year. Of course, this was followed by the company's shares being range-bounded for the next 4 months. Isn't that funny whenever a lot of bulls pile up on a stock, it stops rallying?
55,568 people received this article by email alert
Add your email to get alerts on F too:
Get email alerts on F »
So, what's keeping Ford's value down at the moment? There are a few factors. First of all, Ford is in a cyclical industry and the market rarely assigns high valuation to cyclical industries. Very often, companies in cyclical companies get assigned P/E values ranging from 8 to 12 and this is just the way the market performs. While the growth of car sales in North America has been impressive in the last couple years, many people in the market seem to believe that we are nearing a peak at this particular market because the current run-rate of annual car sales is pretty close to the all-time high numbers.
Second, a lot of investors are worried about certain aspects of Ford cars. Recently, Consumer Reports released its list of most reliable cars and Ford's overall score was 63%, which was far below some of Ford's competitors such as Toyota (TM) and GM. In fact, Ford was close to bottom in the list and this trend has been going on for a while. Here is the funny thing though: Ford was not rated low because of any mechanical problems. In the past, American cars would get hammered by consumer reports compared to Japanese and German cars due to mechanical problems but now the problems seem to stem from entertainment systems, which is an improvement. Ford was rated low mainly because of its infotainment system Sync which is a Microsoft (MSFT) product. While the problem is not entirely Ford's fault, the company might want to ask its partner to provide a better quality product in order to keep its customers happy.
This dead Cat has bounced. Yes a one day 11 cent rise after a buck plus drop. Now in pre-market it
is getting clobbered. NO SURPRISE right ????
Look for 16.50 sound.
Screw that. Its the Share Holders who deserve more. This is just plain B.S. Either leave now or get off the pot. This guy is NO GOOD. I say throw the SOB out.
Obama said the following Yesterday.
President Obama on Wednesday afternoon said in an interview with CNBC that Wall Street should be "concerned"
Maybe if he quit blaming the republicans completed for the shutdown and worked to get things fixed.
The more our President does Name calling and put the blame on everyone including himself the quicker
this would be resolved. Plus if this plan were resolved back when is was dreamed up we would not be
dealing with this now.
CUT THE NAME CALLING AND RESOLVE THIS.
When Ford reported earnings last Thursday GM was up more than ford. Today GM reports
earnings and premarket it is up 61 cents. Oh Yes and Ford is trading down 4 cents.
THIS STOCK JUST PLAIN SUCKS.
As usual Gm and the other Autos are up as Ford Flounders again. Ground Hog day day
after day after day. Ford couldnt find water if it fell out of a boat.
Gm continues on there Rocket ascent. Ford continues on there rapid decline.
The difference between a good run company and then there is Ford.
I could not agree more. Some on this board said earnings were all ready priced in. I say thats nothing more than B.S. There is something very wrong here. Heck G.M. Stock price kicked the #$%$, as usual, again today.
O.H. B.S. Ford is up nothing in the last 2 years. 2 years of nothing.
G.M. continues to rocket and ford is crashing. Get real.