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Varchild2008 (84.50)

General Mortors Poised to Plunge

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September 07, 2009 – Comments (4) | RELATED TICKERS: F

A recent article viewable on yahoofinance.com  by going to (F) ford's ticker symbol shows some interesting concern about a "Change of Economic Conditions" with General Motors since April/May.

With General Motors only recently reporting a 40% increase in sales in China and basically a single to double digit decline nearly everywhere else...Double digit decline in America even with the Cash for Clunkers program...

It is not absolutely clear to me that concern over (F) Ford's competitor becoming some giganticly viable company in the near future because the U.S. Government is in control of General Motors is absolutely unfounded.

1) Medicare =  Bankrupt
2) Social Security = Bankrupt
3) Medicaid = Bankrupt   (State government run)
4) Fannie Mae = Bankrupted
5) Freddie Mack = Bankrupted

And yet somehow we are lead to believe my underperformers and shorters of (F) Ford stock that Ford is in *Trouble* of getting run over by a better performing General Motors?

When has the Government ever ran anything to success????
When has the U.S. Government ever done anything domestically to success???  When???

The United States Government has a ZERO %  success ratio in running private company's businesses.   They are only successful at conducting WARs and then that is questionable given recent failures in Vietnam and "Black Hawk Down."

Be afraid of buying shares of (F) FORD  because the United States Government has a majority stake in General Motors??  ARE YOU KIDDING???  hahahaha  haha lol!!  ROFLMAO!!!!

That is just ridiculous....   I know what kind of Press Release will emerge sometime in 2010:

"FORD for the first time in DECADES has surpassed General Motors in Vehicle Sale Market Share in the United States."

And when that happens... do you honestly think we are still bobbing up and down like a pogo stick between $6.87 and $7.78?

4 Comments – Post Your Own

#1) On September 07, 2009 at 9:40 PM, Varchild2008 (84.50) wrote:

CLARIFICATION:

The article in question here is the one concerning the Germany Government's interest in having Magna buy OPEL.

The German Government has recently came out talking about a "Change of Economy Situation" regarding General Motors.

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#2) On September 07, 2009 at 10:37 PM, ChrisGraley (29.74) wrote:

If that's what you are looking at, any argument is hopeless.

If you can define at least 3 major obstacles for Ford with an unbiased opinion, I'll tell you why I'll be buying them later at around $5 and riding them up to $25.

I've already made a bundle on Ford and sold out. I plan on doing it again.

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#3) On September 07, 2009 at 10:44 PM, ChrisGraley (29.74) wrote:

To follow up...


1) Medicare =  Still government supported
2) Social Security = Still government supported
3) Medicaid = Still government supported
4) Fannie Mae = Still government supported
5) Freddie Mac = Still government supported

The market can stay irrational, longer than you can stay solvent, but the government keeps the irrational solvent forever!

 

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#4) On September 09, 2009 at 6:28 PM, Varchild2008 (84.50) wrote:

(F) Ford goes to $15.00 by 2011 in my opinion.  Maybe earlier than that if it gets priced in Q4 of 2010...

Alan Mullaly hasn't changed from his stance that Ford will be profitable by 2011.

Selling out on (F) Ford and sitting their thinking it will drop back down to $5 or whatever low level you think it will... That's going to leave you high and dry.

I think the recent drop to $6.87  which evaporated in a blink of an eye was probably the final opportunity to get (F) Ford at a cheap price. 

I don't expect Ford to drop to a 6 handle tomorrow, next week, or next month... or the rest of this year... or at all next year.

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