Ilan

Why Auto Stocks Are an Easy Short

This article is clearly put out there on short seller fear. Facts are twisted and with all the positive news for Ford the last few days the shorts are on the run. I see Ford as a cautious buy, and hold at this level. In other words I want to own some and hold it here, but if it does go down because of outside influences such as the economy, I want to be able to buy more at the lower price. Mulally did mess up renaming the Five Hundred, the Taurus, however he did that because he thought it would bring in buyers with "brand recognition". All along he should have been touting it's fuel economy, safety, spacious interior, and spacious trunk. Mulall diod recognize his mistake and is touting those attributes in their promotions of the Taurus. The new Taurus however is not the same old Taurus, from the plant he closed. It was just a rename, not a replacement. Other than the 500 Mulally has made Ford a global company that is growing around the world and less dependent on the U.S. economy. That is no small feat!