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Amazing that folks go around posting about crap they have no clue about.......and no, I'm not talking about the elections here. The rate is on UNsecured debt. That's day to day expenses. Since this moron at CNN, the Communist News Network, apparently thinks he has a clue, he doesn't, so he rattles everybody up to make the dumb think that Ford is going into bankruptcy. GMs unsecured debt rate is the same as the new down graded rating for Ford, Fiat Chrysler is worse. So by this dimwits calculations, Fiat is due for bankruptcy by Friday, GM by Monday, and Ford sometime next week. When will people learn, if it comes from CNN, it's pure pony bagels. CNN wouldn't know the truth if it hit them in the but.
Ford has got to make something better than our asian friends make and that the bottom line. Making 65000.oo new big ole goodin pick up trucks isnt going to keep them afloat
Amazing that folks go around posting about crap they have no clue about.......and no, I'm not talking about the elections here. The rate is on UNsecured debt. That's day to day expenses. Since this moron at CNN, the Communist News Network, apparently thinks he has a clue, he doesn't, so he rattles everybody up to make the dumb think that Ford is going into bankruptcy. GMs unsecured debt rate is the same as the new down graded rating for Ford, Fiat Chrysler is worse. So by this dimwits calculations, Fiat is due for bankruptcy by Friday, GM by Monday, and Ford sometime next week. When will people learn, if it comes from CNN, it's pure pony bagels. CNN wouldn't know the truth if it hit them in the but.
Eh, talk about poor reading skills. Thanks for the randomly utterly off topic rant though, I guess. There is probably some MSM whinging thread you can participate in on the politics forum.
Any company can go bankrupt. Apple, for example, was as the brink. We'll never know if they would have declared bankruptcy because Bill Gates bailed it out.
Ford isn't that close to bankruptcy, but when I look at things like the new Explorer they clearly need to get their act together. That's an important vehicle for Ford. It's not the EcoSport which nobody cares about here because an only exists because Ford doesn't care about the economy car segment in North America. That's a car that's intended to be sold in India that they just brought here. If Ford's more expensive products going forward look the Explorer though, that's going to be a problem.
Yes, I think the idea that its a "foregone conclusion" is overstated, but there are a lot of indications that all isn't well there, and that to me is something to really take note of, whether you're interested in the auto business or not - Ford is a big player in the economy. Thanks for the thoughtful response. I think some people just read the initial headline, ignore all the data, and just start making up theories to explain the headline.
A nobody from a Norwegian network. Now another 200 people have heard of this guy. Well played.
Quote:
Originally Posted by ukrkoz
And that is the company that did NOT ask to be bailed years ago? As it had good equity?
Does it sound like Ford is being set up for disaster soon? Starting with spreading panic news?
It sells newspapers. It always has, it always will. News from Nowhere.
Amazing that folks go around posting about crap they have no clue about.......and no, I'm not talking about the elections here. The rate is on UNsecured debt. That's day to day expenses. Since this moron at CNN, the Communist News Network, apparently thinks he has a clue, he doesn't, so he rattles everybody up to make the dumb think that Ford is going into bankruptcy. GMs unsecured debt rate is the same as the new down graded rating for Ford, Fiat Chrysler is worse. So by this dimwits calculations, Fiat is due for bankruptcy by Friday, GM by Monday, and Ford sometime next week. When will people learn, if it comes from CNN, it's pure pony bagels. CNN wouldn't know the truth if it hit them in the but.
The stock is a dog. It's hasn't traded above $10.50 in almost a year. In what has been described as an American Automotive renaissance the past 10 years Ford hasn't traded above $15 a share. The shares continue to fall despite having some of the best selling vehicles in the United States and Canada. The writing is clearly on the wall in bold neon letters. They are in trouble.
We'll see how the EV platform (Mustang CUV) and how their pullout of sedans will play out over the next 24 months.
IMO as long as they keep selling trucks they will be fine but reviews of their new explorer aren't great.
That's surprising - I just read somewhere that it has been rated as "The Greatest Exploration Vehicle Of All Time"
Ford stock bounced under two bucks a share during the crisis in 2009. I "knew" that was a great price, but didn't have any "Mad Money" at that time. A couple of years later, it was at about eighteen bucks a share.
Hindsight.
The stock is a dog. It's hasn't traded above $10.50 in almost a year. In what has been described as an American Automotive renaissance the past 10 years Ford hasn't traded above $15 a share. The shares continue to fall despite having some of the best selling vehicles in the United States and Canada. The writing is clearly on the wall in bold neon letters. They are in trouble.
Good dividends, moderate beta, consistently profitable. Share price really means nothing. Nobody expects it to grow like a week ala Tesla. The debt is really the downside, that and their recent cars haven't been all that good. As long as the F-series continues to dominate though they'll do okay even on weaker SUV sales. Buyers clearly prefer to F-series to other pickups based on transaction price and volume. Ford doesn't discount as much to move their trucks as GM or Fiat do. On the other hand the debt load probably means they can't discount them as much.
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