SalCange Posted October 9, 2008 Share Posted October 9, 2008 Well Ford will be throwing buyouts at every plant i'm sure. I'm curious to know how many employees will actually bite. Quote Link to comment Share on other sites More sharing options...
TStag Posted October 9, 2008 Share Posted October 9, 2008 No it doesn't, because he hasn't sold his Ford shares he acquired at much higher pricesand he hasn't been shouting from the rafters Sell, Sell Sell, either. No it is not. It is time to sit tight and continue plans on restructuring, acquiring those Government loans and retiring what ever debt it can. The more they do themselves and act responsibly the further away Chapter 11 becomes. Ain't gonna happen, stop assuming stock price in a correction = company financial position, it doesn't. "those government loans" can't happen for 6 months because congress forgot to enable the US civil service to cut through some red tape. GM doesn't have six months. It may only have 4 or 5 at this rate. We may well now be in a market where sane people just jump out of shares for no reason other than they are scared. In that situation lots and lots of US companies could be in lots and lots of trouble. The US can't bail them all out. It will need to look to private capital for help. Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted October 10, 2008 Share Posted October 10, 2008 "those government loans" can't happen for 6 months because congress forgot to enable the US civil service to cut through some red tape. GM doesn't have six months. It may only have 4 or 5 at this rate. We may well now be in a market where sane people just jump out of shares for no reason other than they are scared. In that situation lots and lots of US companies could be in lots and lots of trouble. The US can't bail them all out. It will need to look to private capital for help. Glad to know you have studied GM's books enough to realize they "don't have 6 months". :rolleyes: Quote Link to comment Share on other sites More sharing options...
F150 Man Posted October 10, 2008 Share Posted October 10, 2008 Couple of points... 1. The short sellers have piled on GM (25% of all float stock) and Ford (about 16%) Today will be another downer. Look to buy Ford for under $2.00.. 2. The Federal Loans ($25B) are earmarked for alternative energy technologies. There will be strings attached, while this will ease our product spending requirements, they will not bail us out of our credit crisis. 3. S&P has put both GM & Ford on a 'rating downgrade watch'. We will both pay dearly when we visit the credit markets. You may want to consider ear protection in the event the Dow hits bottom in the next week or so. Quote Link to comment Share on other sites More sharing options...
goinbroke2 Posted October 10, 2008 Share Posted October 10, 2008 "those government loans" can't happen for 6 months because congress forgot to enable the US civil service to cut through some red tape. GM doesn't have six months. It may only have 4 or 5 at this rate. We may well now be in a market where sane people just jump out of shares for no reason other than they are scared. In that situation lots and lots of US companies could be in lots and lots of trouble. The US can't bail them all out. It will need to look to private capital for help. Your an idiot, plain and simple. Your statement "sane people just jump out of shares for no reason other than they are scared" is but one example of many. If they were sane they wouldn't end their lives because they are scared. "There is a house fire next door, I better kill myself because my house might burn too and I don't want to die..." Stick to what you know, and obviously this doesn't include automotive/housing/capital managment/investing/logic/foresight/common sense/etc. Quote Link to comment Share on other sites More sharing options...
Ford Jellymoulds Posted October 10, 2008 Share Posted October 10, 2008 Your an idiot. T-Stag gives idiots a bad name. Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted October 10, 2008 Share Posted October 10, 2008 Your an idiot, Can we try to limit the personal attacks? Besides, if you're going to call someone an idiot, try to use the proper form of "you're". :yup: Quote Link to comment Share on other sites More sharing options...
goinbroke2 Posted October 10, 2008 Share Posted October 10, 2008 Hey I missed that, thanks! YOU'RE AN IDIOT T-STAG!!! (nothing personal, mind you) Quote Link to comment Share on other sites More sharing options...
jpd80 Posted October 10, 2008 Share Posted October 10, 2008 "those government loans" can't happen for 6 months because congress forgot to enable the US civil service to cut through some red tape. GM doesn't have six months. It may only have 4 or 5 at this rate. We may well now be in a market where sane people just jump out of shares for no reason other than they are scared. In that situation lots and lots of US companies could be in lots and lots of trouble. The US can't bail them all out. It will need to look to private capital for help. It looks to me like you think every share in Ford is now worth $2.00 or every share in GM is $4.70. That is not the case, it's only a reflection of the latest trades. The best thing worried people can do is take a holiday for two weeks and leave the stock market alone. It's everyone trying to guess what's going to happen that's driving prices now, the same force of speculation that drove Oil through the roof is now telling the market Ford and GM ar worthless. Next week or next month the market will pick on some other carcass and forget about Detroit. Quote Link to comment Share on other sites More sharing options...
goinbroke2 Posted October 10, 2008 Share Posted October 10, 2008 Gee, ya mean like picking a stock, any stock and then watch the paper for a week straight and be overly optimistic when it goes up a penny one hour and threatening suicide when it drops a penny the next? That will drive ya batty! Excellent advise, walk away and forget about all the doom and gloom for a week or two and then look back. I guess the sky didn't fall afterall huh? Kinda like "if the 700 billion buyout doesn't go through there will be a run on the banks and within hours of being voted down the world will implode"...oh wait, it didn't...well we'll just vote again and pork it up some... Hey look back on it, now everybody is saying THEY SHOULDN'T OF BOUGHT OUT! Let the weak one die and the fittest survive! Lots of panicking in the meantime though eh? Quote Link to comment Share on other sites More sharing options...
P71_CrownVic Posted October 14, 2008 Share Posted October 14, 2008 So Long! Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted October 15, 2008 Share Posted October 15, 2008 . Quote Link to comment Share on other sites More sharing options...
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