Keep reading those “Investment books” kid. If you want to “understand” what I’m doing just ask. If you break my b@lls over it, fully expect to get a “lesson” in return. Your either a college freshman or a high school senior according to your previous posts. You wouldn’t walk onto the varsity football team and talk sht. DON’T DO IT HERE! Your playing with guy’s who are MUCH more experienced than you. If you want to learn that’s great. If you want to break blls, that’s great too, although it probably won’t be GREAT for YOU.
Here’s a book you REALLY need to read. It’s title is…
“Where are all the customers yachts?”
It’s a classic about how Wall St. Brokers make money off of fools who read books about intrinsic values, trailing earnings, peer segments, “MOMENTUM STOCKS” and other BS. Basically the same BULLSH*T your reading!!!
Here’s the deal. You recently told us you were just getting out of HIGH SCHOOL. Sit back and listen VERY CAREFULLY to what I am going to tell you about Ford. This is THE LAST time you will get this info from me.
Ford…in the last 2 years has sold off…
ASTON MARTIN…for $1 billion+
Jaguar/Land Rover…for $1.3 billion+
Next to go is VOLVO…estimates are around $3 billion
Now here’s the good part…EVERY ONE OF THESE DOGS has lost Ford money for YEARS.
THAT IS OVER.
Go to www.autoblog.com and scroll down to the press release from Ford regarding the plans to bring the EUROPEAN FORDS to this country.
Then read the “comments” section. The reaction to this news is OVERWHELMINGLY POSITIVE.
FORDS European line up OUTSELLS TOYOTA and HONDA!!! THOSE CARS ARE COMING HERE!!! GET IT???
They are NOTHING like the models sold in the U.S. Mullaly has said they will build the Euro cars here and in Mexico and NO LONGER build different cars for different markets around the world.
Can your Fragile Eggshell mind quantify how HUGE a savings that will be for FORD???
Google search Ford EUROPE and LOOK at the cars they sell there!!! It’s amazing!!! Ford has 5 of the top 10 selling cars in Europe, and their MARKET SHARE is growing by 9% a year!!! Brazil and China are EXPLODING for Ford. Sales there are up 200% year over year and they haven’t DENTED the potential in these markets.
Next up…A LANDMARK…I’ll repeat this…LANDMARK!!! UAW labor agreement signed last year. TOTALLY releases FORD from ANY Future contributions to RETIREES HEALTH CARE COSTS!!! Can your high school brain wrap it’s self around how BIG that is for FORD???
Ford currently has $40 BILLION IN CASH on hand. Thats $40 with a B.
Fusion, Focus, Edge and Escape are selling above projections. The Trucks ARE getting SLAMMED, and THAT is hurting Ford NOW, I’m not buying NOW, I’m buying 2010. Ford is CLOSING truck plants in this country. Some will be converted to build the new Ford Fiesta.
Google search Ford Fiesta and research The REACTION Ford has had to this GAS SAVER in EUROPE. It has won EVERY MAJOR award possible. It’s coming here in late 2009.
The new Lincold MKS will be out this summer. I’ve seen it. It is NOT like any Lincoln ever made. I would actually BUY THIS CAR. Ford has over 10,000 PRE-PAID oders for the car already. That’s a BIG number for LINCOLN.
This summer Ford will roll out the new FLEX. I’ll quote AUTOMOBILE Magazine editor Jean Jennings. I think her comments may be of interest. “Once in a decade a car comes along that is an OUT OF THE PARK, GRAND SLAM for an Auto maker. That’s EXACTLY what the FLEX is for Ford. This car is going to sell in HUGE numbers.” Mullaly has made VERY conservative sales estimates of 100,000/ year. It may be of interest to note that he used the same numbers when the Edge came out. That car is selling at 60% OVER estimates!!
Kirk Kerkorian started like you…WITH NOTHING (definitely with more brains)
He bought Chrysler stock at $9/share in 1991 at the HEIGHT of the recession. 4 years later Chrysler stock was at $100+/share.
I DID NOT buy Ford stock because of Mr. Kerkorian. But having him buy HIS stock at $1.00/ share MORE than I can buy mine, is very COMFORTING!!! If you check the date on my original post you will also note I purchased MY OPTIONS before Mr. Kerkorian ever mentioned an interest in buying Ford stock. He has a track record of successfully investing in broken down car companies, that, and only that is the reason for the mention.
Due a little research on exactly HOW Alan Mullaly turned BOEING around AFTER 9/11. That stock went from $11/ share to over $100 under Mullally’s leadership. EVEN the UNION employees there credit Mullaly with the turn around. Same circus, different clowns.
I NEVER said “since the stock is down it HAS to go up.” I’ll write that off to your fragile eggshell mind.
I guess the FACT that Ford has TIED or BEATEN Honda and TOYOTA in JD Power scoring AND in CONSUMER REPORTS QUALITY and RELIABILITY RATINGS won’t have ANY impact on turning the Ford brand around??
I could go on…but I don’t want to bother you. Continue reading about how Ben Graham values stock. When you get the amount of money saved that WARREN BUFFET has those methods might work GREAT. Good luck making money using that system investing your weekly savings.
And lastly…If your going to be an investor in ANYTHING…your going to HAVE to make assumptions about events in the future. Like…can I sell this house for XXX,XXX amount of money, is there a possiblity something unforeseen will happen, are my estimates correct, ect. There’s no positive way to KNOW THIS. You estimate where the market will be and make your move based on past experience. Of which, I’ll point out, YOU HAVE NONE!!!
Rookie hit it right on the head. I think your a $2 dreamer.
I’ve done this before Spicoli.
WATCH and you may just LEARN something!!!