"HK" wrote in message
m...
Eisboch wrote:

"jim78565" wrote in message
...
Speaking of insanity, I bought a sizable chunk of "F" this morning. Just
doing my part to help a company that is trying to steer clear of
government meddling.


I did the same, back at $1.80. Sold half last week at $6.24. More
than paid for the total original investment.
Ford will drop a bit now with the rest of the market pull back, but when
news of GM officially going into bankruptcy is announced, as expected by
many next month, Ford should soar, I would think.

Then again, who knows?


If Ford "soars," I hope it is on the basis of sales and profits, and not
on the manipulation of paper and speculation.


Sales and profits comes with increasing market share, something Ford is
accomplishing. Granted, some is due to uncertainty of Chrysler and GM's
futures, but they also are building better cars. They outsold Toyota for
the first time last quarter. Overall, sales are down big time for everyone
obviously, but Ford's management made some savvy decisions and positioned
themselves to survive the economic recession. Furthermore, their newer
products, particularly the Fusion is getting very positive reviews. Several
experts rate the hybrid version as superior to Toyota's Pirus.

Their only problem is that they are expected to pay their bills without
having the government bail them out.
I don't expect you to agree. After all, they haven't handed the keys to the
company over to the unions yet.

Eisboch