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  • Let's Hope the Auto Bailout Has Failed for Good [View article]
    Just what we need; legislation to set wages for jobs.
    $17 for auto workers in 90 days.

    These free market guys now want to set wages
    (Pixxed off lame duck senators.)

    They have to get even with the unions somehow.
    Dec 12 10:03 am |Rating: +1 -1 |Link to Comment
  • Ford Shareholders Face High Potential for Pain [View article]
    The writer failed to mention his position in Ford stock. I assume he is short.

    He failed to include the class B shares held by the family and the fact that a bankruptcy would wipe them out. He also forgot about the 6.5 mil shares held by Kerkorian.

    I look at Ford as a long term buy with a very low probability of a chapter 11. The issue is to find a good entrypoint. I would expect to see F test the 4.5 point in the future and that would be a good time to buy and hold.
    Jul 28 08:49 am |Rating: 0 0 |Link to Comment
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