PhillyD

Ford Shareholders Face High Potential for Pain

Management doesn't always have the final say when Unions hold them up at gunpoint AND judges/courts back their play!

That said, Ford cars have always been thought of as lesser in quality and I'm 49 years old from the North East. I moved to Michigan two years ago and cannot believe how the unionized mentality that management (or any leader) is always wrong and how dare he/she make any changes. "We've never done it that way before!" is the leading mantra of Detroit.

Companies have been destroyed and lives are being destroyed. Young families are fleeing Michigan in droves. Ford had better get their European cars here PRONTO (Mondeo, Verve) and had better become the LEADER is MPG PRONTO!

I believe that their new leadership team can do it and I've thrown a $15,000 flyer at it in the expectation that if the company is even around in 2012 that the stock will be at $25.00 minimum and climbing. I feel that this is the more likely scenario than bankrupcy. Why?

1- Ford family will not go bankrupt.
2- They are making a profit of close to $1 billion when North America is removed so worst case they can just cut out NA and get smaller and actually make money!
3- Their cars have improved in quality to the point that JD Power is ranking their New Car Quality ABOVE TOYOTA AND HONDA
4- Their new models are awesome and the hit at the International Car Shows. They've just got to get them out ... NOW!
5- My son is a HS intern for their Alternative Energy Dept working on the computer programs and my son is awesome!
6- I've got a good feel for these things in the past!!!

GM Calls the Top for Oil

For the people who are promoting "moving closer to the cities where the jobs are for shorter commutes" that sounds great but who can seel their homes in the burbs today at 50% reduced values to move into what was already more expensive housing that has increased about 3-5% in the past year. So your $400,000 house is now worth $300,000 (or less) and your city dwelling (smaller sized of course) was selling for $900,000 is now selling for $950,000. How do those numbers work?