Doing great things as been discussed on here. Saw there line up today at the auto show here in Miami. There offering anyone 50 dollars just to go and test drive any of there cars.
ps. GM’s section was a ghost town lol
I can tell you from a very highly placed source in Ford’s distribution channel that you can expect to see RECORD SALES from FORD for the end of this year. Dealers across the country are selling cars at a pace not seen in YEARS.
And the best part???
The economy hasn’t even started to REALLY turn yet. There’s STILL a lot of people that are not buying cars…YET…But as the economy slowly starts to turn, even those hold outs will have NO CHOICE but to eventually replace that aging “recession special” they’ve been hanging on to. When THAT happens…And it WILL…WATCH…Ford will be the DARLING of WALL ST. And JAKE will be SELLING his 100,000+ shares to them…AFTER of coarse, I collect some DIVIDEND PAYMENTS.
This “show” is just starting folks…STAY TUNED!!
The HERD is already getting PRIMED for this…
CNBC (a complete JOKE) ran a documentary last night called “FORD…Rebuilding an American Icon.”
As USUAL, a day LATE and $16.00/share SHORT! Gotta love those “EXPERTS” on CNBC!!!
Where were these people when Ford stock was SUB $2.00/share for 6 months in 08-09??? NOW at $16/share we hear about the TURN AROUND at FORD… :banghead :banghead
REMEMBER the LESSON here people…ANYONE can do this…and It’s all REPEATABLE!!!
Car companies are my all time favorite INVESTMENT!!! When the economy sucks THEY SUCK…When the economy TURNS they TURN, When the economy is hitting on all cylinders…THEY EXPLODE!!!
WATCH!
By that reasoning, am I to take it that you’re gonna be buying a lot of shares in the GM IPO? How much you wanna lose? Er…, I mean buy?
lol
Maybe you missed the over 2+ YEARS of “REASONING” laid out here…The updates and insights into FORD’S TURN AROUND that I chronicled for everyone to read. The WHY’s, HOW’s, and WHEN’s. All laid out so SOME PEOPLE (obviously NOT you Dave) could draw from it and possibly recognize the same tell tale signs in the future when this happens to another car company.
NEVER…NOT ONCE…Was ANYONE here ever told to BUY GM STOCK.
But you go right ahead and LOAD UP on GM DAVE…You obviously MISSED the entire point of these post. So why start paying attention NOW?
I’ll sit back and watch my Ford stock continue to increase my net worth and my familes wealth!
Here’s short list of PAST recession favorites in the auto industry…
1992 CHRYSLER…$9/share at the height of the recession
1998 CHRYSLER…$180/share as the economy rebounded and MERCEDES purchased CHRYLSER
1991 PORSCHE…$20/share
1999 Porsche $230/share
FORD 1985…$1.30/share
FORD 2001…$80/share (split adjusted)
and not ONE of them an IPO.
Don’t let “reasoning” get in your way Dave…You’re RIGHT…This is too hard for you…I would STAY AWAY and avoid getting hurt…Leave the investing to people with TRACK RECORDS!!
OR…You could do what CERBERUS did and buy the “NEW CHRYSLER” from Mercedes and watch your investment go BANKRUPT a few years later!
Don’t listen to advice from someone that picked THE ONLY U.S. Auto company to survive the financial meltdown and is now fast becoming the BUSINESS SCHOOL CASE STUDY for corporate turn arounds.
I’ll let someone here with some time on their hands go back into my past posts and find that EXACT LINE written about 3 years ago.
I’m not trying to brag here, I just have ZERO patience for someone who decides to break my b@lls about a topic they know NOTHING about and one that I’ve spent the better part of 2 1/2 DECADES studying. AND…What did “I” charge everyone here for this lesson???
N O T H I N G!!! Z E R O!!!
Go waste someone elses time.
No, in your earlier post, you made a general statement that car companies are your all time favourite and these lessons are repeatable. Could this lead someone to conclusion that they should buy shares in GM low (IPOs are normally lower before they hit the exchange) and hold and sell it later? Nothing says it can’t. I’m just saying.
Anyway, I remember seeing the look on Bill Ford’s face when he announced another loss before the other two car companies went under. There were a lot of commentaries in the local news that Ford would declare bankruptcy within weeks. Yet, they were still pumping up GM share value with a possible GM/Chrysler merger. Then, Bill Ford gave the reigns to Mulaly and the first thing Mulaly did was secure financing and sell off parts of the company before the credit market tanked. Had Mulaly not secured that financing before the crash, Ford would have gone under just like the other two. Yet, the other two car companies didn’t merge and went bankrupt. What happened to the telltale signs?
A colleague of mine worked at GM and had $100K of GM stock before they declared bankruptcy. He lost all his money in GM and his job at GM. He said he never saw it coming.
The tell tale signs DAVE…Where the CONVERSATIONS I was having with former BOEING executives (chronicled here for EVERYONE to read) explaining what Steps ALAN MULALLY took to save BOEING after the WORLD STOPPED FLYING after 911. he took that company and it’s STOCK from a post 911 low of $10/share to $110/share.
He did this by dealing with complex supply chains, UNIONS, MASSIVE credit issues, and MODELED the entire PLAN on…T O Y O T A!!!
Mulally’s entire track record was laid out here as was his PLAN, in DETAIL to save FORD.
WAKE UP…
You missed a HUGE opportunity…Everything but the CASH to buy the stock was laid out here for you!!
No, he just secured financing in time. That was the key. And, why couldn’t GM and Chrysler pick someone like Mulaly or do the same thing? He’s not the only guy on the planet who knew how to do that.
Hindsight is always 20/20. You were just lucky.
People like Dave who wear side blinders are the reason opportunities for people like FDJake to make $$$.
It amazing the way some people think.
In the meantime I’m going to get some popcorn and await Jakes reply. This is going to get good.
“You were just LUCKY”
I hear the “You’re so LUCKY” comments all the time from other JOKERS out there calling themselves “investors.”
It was all LUCK…Yep…That’s it DAVE…Why not take your HELOC money and just buy LOTTERY TICKETS with it too!!! Who knows??? This “LUCKY” thing could be catchy!!!
It was ALL JUST LUCK…
Identifying Ford 3 YEARS AGO as a turn around play due to their hiring of a KNOWN COMMODITY (Alan Mullaly) that built his CAREER at BOEING by blowing peoples minds and actually walking down to the manufacturing floor and ASKING WORKERS for input on processes that could speed production. What blew their minds was…
HE LISTENED…and put into place EXACTLY what was proposed by the workers ASSEMBLING the planes. What happened??? Production went THROUGH THE ROOF, MORAL IMPROVED, and COSTS went through the FLOOR…That Mullaly is one LUCKY GUY TOO!!!
It was all LUCK when FORD tied a performance package to Mulallys contract that includes 20 MILLION SHARES of Ford stock to Alan when the company brings back the DIVIDEND…Gee…I wonder WHEN Alan and I get LUCKY again and see that DIVIDEND RETURN??? And I hope my LUCK holds out when the PENSION FUNDS and MUTUAL FUNDS that currently can NOT hold a stock that doesn’t pay a dividend all PILE into FORD STOCK when that dividend returns…IMAGINE HOW LUCKY I’LL BE THEN DAVE???
It was all LUCK when FORD negotiated a LANDMARK UNION contract with the UAW for benefit and wage concessions that brought Fords costs in line with TOYOTA.
It was all LUCK when Mullaly started asking WHY every Ford product had different switches for turning on lights, wipers, washers, HVAC, ect…When TOYOTA made ONE SET of switches for EVERY CAR they build, so COSTS GO DOWN and OWNERS instinctively know where light, wiper washer, and HVAC switches are located on ANY model they purchase. Ford now does this. LUCKY for them???
It was all LUCK when Ford launched the EDGE and decided to have IMMEDIATE CONTACT with Ford techs at the DEALERSHIP LEVEL VIA Computer for ANY problems found EARLY on those cars. This simple idea created some DESIGN changes to PARTS on the Edge BEFORE tens of thousands of them hit the customers driveways. A small change in policy that reaped HUGE QUALITY rewards for FORD. Fords warranty cost are down over $1 BILLION THIS YEAR…Another example of DUMB LUCK!
It was all LUCK that MYSELF, ROOKIE, CHRIS W, and a BOAT LOAD of others here WARNED everyone of a coming CREDIT/ECONOMIC crisis (YEARS before it occured) and it was just LUCK that Mullaly decided to BORROW $$$$ when money was CHEAP and he could get ALL HE NEEDED.
It was just LUCK that Ford’s quality is now PASSING TOYOTAS and it was all LUCK when I started WARNING PEOPLE years ago about TOYOTA QUALITY PROBLEMS…(READ THE PAST POSTS) It was all LUCK that I told readers about a class action lawsuit settlement covering MASSIVE numbers of Toyota engines that were BLOWING UP at 60,000 miles due to ENGINE SLUDGING.
And FINALLY…
After 20+ years of OWNING CAR DEALERSHIPS, INVESTING IN CAR COMPANIES, and UNDERSTANDING the ebbs and flows of the business…It was LUCK that I Identified FORD as a potential WINNER when most people had the company DEAD and BURIED.
And I was LUCKY last month when I purchased 8 properties for a grand total of $200,000 and have sold 7 of them for a total of $475,000…
Number 8 will bring that total to $605,000 next week when it closes.
John-in NC was also LUCKY this year when I walked him through a commercial real estate investment that made him $300,000 in 3 WEEKS!!
Rookie was LUCKY too when he started “being the bank” for certain real estate deals and has become a MONEY MAKING MACHINE in that business.
Yea Dave…You’re right!!
We’re ALL just LUCKY.
And Dave…Remember…Some folks have NO LUCK…Keep bashing people that know MORE than you, and could actually HELP you…and I’m SURE your LUCK will turn any day now!
Hey Dave…
G O O D L U C K!!!
Yes, you were lucky. You attribute all these changes to Mulaly. It’s not accurate.
First is your idea that he made some huge changes by modelling Ford after Toyota. That’s nonsense. One huge difference between Toyota and Ford is Toyota is non-union. There are a lot of things that the UAW will not allow Ford to implement. The so called landmark contract in 2007 was in exchange for keeping 6 inefficient plants open that should have been closed and keeping an inefficient supply chain. Well, you need to secure financing (which he got in time) to do that. And, two years later, the UAW vetoed the contract. Ford does not have a deal anywhere as good as the other two domestics have with the UAW. Some negotiator this Mulaly you call.
The only thing you’re right about Mulaly was him getting the money on time when it was cheap. That’s true and that’s the main reason why Ford didn’t go bankrupt.
Why couldn’t Mercedes fix Chrysler after they bought it? They spent a lot of money modernizing the plants and improving the technology and it still went under. By your reasoning, Mercedes is run by a bunch of idiots who’ve never been trained in business school or received the specialized training to make a company as productive as Toyota because only Mulaly has that magical ability. The UAW doesn’t factor in. Mercedes would never send down their top guys from Germany to fix Chrysler. Absolutely not. On their own, Mercedes is a money maker. Throw the UAW into the pot and it’s unworkable. The Mercedes-Chrysler merger proved that. Likewise, Ford also has to deal with the UAW.
Modular switches are not what turned around Ford. They traded in style for economy to save a few bucks. Come on, don’t be so ridiculous.
And, real estate has nothing to do with the turnaround of Ford. Stay on topic.
The UAW gets in the way of the Big 3 making significant changes. The ones who ran Chrysler and GM were smart too, but there was only so much they could do without the UAW stopping them.
You were lucky with Ford. Pure and simple.
And you’re clueless…Pure and simple
“Why couldn’t Mercedes fix Chrylser after they bought it?”
These are the questions I LOVE…
It’s like asking WHY I made money on the houses I buy and why Toll Brothers lost their shirt??
Mercedes purchased CHRYSLER at EXACTLY the PEAK of the economic cycle and at $180/share…EXACTLY what I have told people here NOT to do…They OVER paid, and then WATCHED as sales of ALL cars went from 16 million per year to 8 MILLION as the economy TANKED. END of story genius…If DONALD TRUMP bought condo’s in Florida in 2006 HE LOST…Doesn’t matter WHO made the purchase.
MERCEDES bought their car company the way YOU buy your properties…OVER PRICED and at the WRONG TIME.
Bob Lutz on the other hand took CHRYSLER in 1992 from a $9/share UNIONIZED company that LOST MONEY…and TRANSFORMED it into a MONEY MAKING MACHINE with over $5 BILLION a year in profits. So WHY was Bob LUTZ able to do that WITH the UAW and MERCEDES couldn’t???
Because BOB STARTED at the BEGINNING of an economic UPTURN…RE-READ the original post and take the extension cord out of your mouth!!
YOU BUY THESE COMPANIES AT THE BEGINNING OF ECONOMIC UPTURNS! And you buy the RIGHT companies!
What you DON’T KNOW about this topic could fill this site.
Please…stick with something you understand. This is over your head by a MILE!
I’m clueless and you’re the bonehead.
That’s ridiculous. Mercedes paid what Chrysler was worth at the time. I think $20 million condos in Manhattan are expensive, but that’s what it’s worth. And people are buying it. And people are still selling it for more. It’s not as predicatable as you claim.
Before Bob Lutz came on the scene, it was Lee Iaccoca who dealt with the UAW and turned Chrysler around from the brink of bankruptcy with a bailout. So, Chrysler has a history of bringing in change agents, yet they went bankrupt this time. Why didn’t they bring in a change agent this time, Mr. Smartiepants. If they brought in Mulaly at the beginning of an economic upturn, why couldn’t they bring in an equally qualified change agent for Chrysler and GM at the same time? Apparently, you and Bill Ford are the only one who knows when there is an economic upturn.
Bottom line here is this:
I have 1.6 million reasons WHY this investment has gone EXACTLY as planned. Others here have SHARED the ride and THANKED me REPEATEDLY for the information!!
It is now OBVIOUS to everyone that you don’t have a CLUE or a CENT from this investment.
So I WIN!!!
Oh and one last thing Dave…In BUSINESS…That $1.6 million is how you KEEP SCORE!!!
I’ll hand it to you that you were lucky this time.
Dont waste your time with him Jake, he will never understand.
Unfortunately due to my limited knowledge of stocks I got out when it was at $9. I bought in at 4.80. I made a little money but I could have made more. I’m just more astute with real estate and trust my instincts more. Go with what you know right? I applaud FDJakes diverse knowledge of these things. I just don’t get the rush from stock trades the way I do from flips so therefore I am not as engaged or educated on the subject.
Brockovich,
How’s it feel to KNOW you’re going to be a MILLIONAIRE? :beer
Forgive me if you’ve already hit that milestone, but I LOVE stories like yours…SMART people, using discipline and hard work to build WEALTH.
You already know this, but for others here this is how you do it…
Brockovich started with NOTHING…As the pot got built, almost NOTHING was taken from it…It ALL got plowed back in…Now there’s a QUARTER OF A MILLION DOLLARS there…That allows this investor to buy and rehab 2 PROPERTIES at a time ALL CASH, which allows for SUPER FAST closing, which appeals to desperate sellers…SO, if we use the last example of a $30k profit on one project and this investor is doing 4 to 5 of these a year…NEXT YEAR, if the deals can be found (and they WILL) that number moves to 6 to 7 properties or $200k +…At that point the POT grows to HALF A MILLION!!!
THIS IS WHY…Experienced investors here ALWAYS tell new guys to KEEP THEIR JOBS!!! it allows the POT be constructed MUCH FASTER!!
My prediction???
This very smart investor hits the $1,000,000 mark before this giant real estate sale is OVER…
And WATCH OUT if the residential flipping business turns to COMMERCIAL PROPERTIES!!!
At that point you start making $$$$ like my friend John-in-NC does…$300,000 at a Time!!!
Brochovich…It only gets BETTER from here!!!
Well I actually made just shy 200K but who is keeping score 
Bought for 191K sold for 400K with arouind 10K of work.
John NC if you are putting substantial amount of your own money into the next deal and fall short email me…I know u are use to conventional rates but paying up is better than losing a deal…