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Despite beating profit expectations on the back of strong results in North America, Ford (F)...
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Tuesday, January 29, 7:47 AM ETDespite beating profit expectations on the back of strong results in North America, Ford (F) could see some share price weakness after warning once again on sales in Europe, notes Douglas Kass. In early trading he's looking to be correct, Ford -1.7% premarket.
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F is likely going to get several upgrades and target raises in the days ahead. I doubt very much too many Longs will be cooperating with the Short side today. If there's a little move down, new buyers will be pleased to take advantage of it.
And once again, remember: Super Bowl hoopla starts in earnest pretty much now. Ford will be all over the Super Bowl and immediately afterwards start its Oscars blitz tied into the best picture contender "Lincoln."
Short-term traders are more than welcome to be short-term traders. But Momo can turn back against them on this one at warp speed.
I'm with you. New long position at $12.99.
Henry started the assembly line and everyone copied that concept. The Japanese came in and proved that better quality and design sells more cars. It took the American companies way to long to catch on. Now Ford is doing the best job at being aware of what the compatition is up to and doing the same or better.
You must be aware of what the leaders are doing and not be afraid of coping them or at least taking some of their ideas and improving on them. In the beginning everyone copied Henry Ford and now Ford must copy the Japanese and Germans to be able to remain, period! And they are doing a terrific job and should stay around with a much higher stock price!
Cheers