Ford suffers from what I call the 'what made you think that was a good idea sport? All the other car makers thinking of it first and making a profit?... syndrome' Them there good o'le boys do finally get around to it though, don't they?
IP: Logged |
posted
Ford still will drop below $8.00. News only gives it a kick in the pants.....its still in a downward trend. Not only that, DaimlerChrysler is predicted to become the number 2 automaker in the USA. That means that FORD will lose more market share which means lower stock price. Ford has lost 1st place in the truck market....GM Silveraldo is the best selling truck now....not the F-150. Ford needs some new products and so does GM. DaimlerChrysler is gaining grounds on everyone. They have a product age of 1.8 years, while FORD is 4+ years and GM is 3.6+ years. That is why GM and F is getting their butts kicked. They need to introduce some new impressive vehicles or pay the piper. As for GM......the only reason their stock price isn't next to Ford is because people can't believe how low GM stock is so everyone wants to buy it giving it one hell of a support level. However, Ford.....its done broke $7.75 a few times in the past year....not to mention the $6.58 a few years ago.
I would recommend you all to take your gains and jump back in on a dip.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
