Seeking Alpha

Despite beating profit expectations on the back of strong results in North America, Ford (F)...

Despite 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.
From other sites
Comments (6)
  • renog
    , contributor
    Comments (17) | Send Message
     
    Projections for 2B loss in 2013 seems like alot, but thats about what they have been bleeding 500M/quarter. I believe Ford also boosted production in the first quarter by 10%. Still undervalued at current price.
    29 Jan 2013, 08:36 AM Reply Like
  • Venerability
    , contributor
    Comments (3048) | Send Message
     
    If you will remember, the Self-Anointed Ones were loudly screaming to sell Ford at 9! Clearly, some of them have simply had trouble covering those perma-Short positions and at 14 have become scared to death.

     

    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.
    29 Jan 2013, 08:45 AM Reply Like
  • SoCalNative
    , contributor
    Comments (496) | Send Message
     
    Ven,

     

    I'm with you. New long position at $12.99.
    29 Jan 2013, 12:17 PM Reply Like
  • EdwinJ44
    , contributor
    Comments (60) | Send Message
     
    I have to admit that I'm not smart enough to know what's going to happen in the next few week (or anywhere in the future). All I know is that Ford has been around for a very long time and should be here for a very long time to come, esp. when we take into consideration F is finally very much aware of what it takes to design, build and sell motor vehicles.

     

    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!
    29 Jan 2013, 10:12 AM Reply Like
  • Spencer Knight
    , contributor
    Comments (398) | Send Message
     
    Ford has been forecasting weak Euro sales for a year now, coupled with strong NA sales. It is a good stock to buy. Europe will eventually strengthen. The difficult part is when will Europe turnaround and will NA still be growing at that time.
    29 Jan 2013, 03:25 PM Reply Like
  • hkgknipp
    , contributor
    Comments (10) | Send Message
     
    I too like Ford and am long. Considering adding to my position.
    Cheers
    29 Jan 2013, 04:08 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector