Ford is Doomed!!
Given the share price slippage so far this week in front of what Edmunds.com says is going to be really good November Car Sales, one has to wonder what is going on? Why are investors shorting/slamming/putting the Ford Stock below $16.00 now?
Here's my theory:
A) Sales of the VOLT are so darn good that this vehicle is apparently the only vehicle shoppers want to buy anymore. Therefore, FORD is going to report a sales figure of NOTHING in December.
Or.... Perhaps this is what's in store:
B) Alan Mullaly resigns as C.E.O. declaring that all earnings reports, financial documents, and sales figures were completely made up SATYAM style (SAY)!!!!
Or...... Perhaps the explanation for the share price slippage is this....
C) Standard and Poor's is correcting their last Share Price target for FORD because it was a TYPO. They did not mean to say (F) Ford should have a $18.00 price target. They actually meant $1.80. The darn decimal point was misplaced.
Of course... I think we all know the actual reason is this:
D) The Amount of money the General Motors UAW earned off the IPO was enough to short (F) Ford Stock down to ZERO thus finally eliminating one of their competitors once and for all!!!!! Muahahahahahahahah.
Of course..... It could just mean the lingering excitement over General Motors IPO is still present and some Ford investors are still switching over to become GM investors.