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You guys would crap yourselves if you saw my average. I am still holding half of my $1.XX shares from 3 years ago. I have thought about selling the boat, but I already made such a huge profit on them I figure just let 'em ride!
Looks like a bounce, we'll see if it's confirmed tomorrow. Earnings report should be interesting.
This is what I'm interested. Legislation allowing roaming piggy-backing is also very alluring to me. So much potential upside here.
It doesn't seem to me that Sprint earnings will reflect poor Radio Shack performance. I still like the looks of a double-bottom here.
No problem. I was a PPC/SEO marketer years back, so it's something I enjoy doing anyway. I will get it similar to what I have set up on Zolt tonight.
Updated the IBox, will do some linking and more detail when I get home. Any recommendations are welcome and encouraged.
Imo, unless finances are terrible we will move up. This is severely undervalued.
I wouldn't worry too much about today either imo. Pre-market trades could just lead into a lot of covering into the green.
All the moderator spots are taken.
Any moderators willing to give me their slot? There's a lot of news that could be stickied and the I-box is hopelessly outdated.
Ford reports $20.2B net income for 2011
By David Shepardson
Detroit News Washington Bureau
0 Comments
Ford Motor Co. is the first of Detroit’s three automakers to report its fourth-quarter and full year 2011 earnings.
Ford Motor Co. is the first of Detroit’s three automakers to report its fourth-quarter and full year 2011 earnings. (Bill Pugliano/Getty Images)
Ford Motor Co. reported $20.2 billion in net income for 2011 Friday — its best year since 1998.
The company's results were boosted by a one-time non-cash gain of $12.4 billion in prior year tax losses.
Ford's pre-tax operating profit was $1.1 billion in the fourth quarter. Excluding the special item, Ford earned $8.8 billion in operating income in 2011.
"We delivered strong results for the full year as we continued to serve our customers around the world with best-in-class vehicles and make progress toward our mid-decade goals," Ford President and COE Alan Mulally said. "Despite the continued uncertainty in the external environment, the strength of our North American and Ford Credit operations allows us to continue to invest for future growth and develop outstanding products with segment-leading quality, fuel efficiency, safety, smart design and value."
Ford said profits will generate about $6,200 in profit sharing for each of its eligible 41,600 hourly workers. Individual profit checks for hourly workers are higher or lower, based on how many hours they were paid to work in 2011.
Ford also said it cut its debt from $19 billion to $13.1 billion by the end of 2011.
The Dearborn-based automaker said in 2012 it expects its market share to be "about equal" in the United States and Europe to 2011.
Chrysler Group SpA is to report Feb. 1, followed by Detroit-based General Motors Co. on Feb. 16.
http://www.detroitnews.com/article/20120127/AUTO01/201270404/1361/Ford-2011-earnings-due-today
Should see some green tomorrow imo.
That's what makes it a great week! Enjoy the ride people, don't forget to trade and take profits along the way. Never regret a safe, profit-securing decision.
13 dollar close? Like I said a few days ago, ex-div on Friday could push us through this resistance and set us up for a run on earnings.
Hello everybody. . . looking for an entry here this week.
You misunderstand. $0.05 is 5 cents. 0.05 cents, what was said previously, is $0.0005. I was just correcting the simple error for those that may be confused.
$0.05, not cents. That'd be worthless.
Watch the market media regarding ex-dividend date Friday. Bet we see an EOW rally
End of first week of February is my estimate. I think forward PE is going to be better than most expect at the moment and earnings are going to shock some people. Platform globalization has worked wonders for Ford and their plans to further that movement will bring fantastic results. Globalizing Mustang will be key in development of greater brand image in Europe and Asia. In Mulally we trust. . .
Yes, the new generation Mustang with independent rear suspension and less weight is due for 2014. They are planning to build RHD and LHD models for global sales, s new development for Mustang. Should make Ford a killing along with the other great vehicles on the way.
Asia Pacific and Africa will likely post a slight loss due to flooding in Thailand. However, every other global unit will more than likely post profits. Ford is on the move in a big way and they proved at the auto show that they have even better vehicles in the pipeline. IMO with the ex-dividend date on Friday, the awesome financials we're going to see and the volume of shorting that will likely cover into a rise next week we could see ~$14 by first EOW in February.
Automotive evolution or real revolution?
Ws we went to press in mid-December with this issue of HPC, Tokyo-based fiber manufacturer Teijin Ltd. and automaker General Motors (GM, Detroit, Mich.), announced an agreement under which the two companies will codevelop a Teijin high-speed process for the manufacture of carbon fiber-reinforced thermoplastic structures for use in a production vehicle.
Teijin said it will build a new technical center somewhere in northern North America (location to be announced early this month) where GM and Teijin will test and fine-tune Teijin’s high-speed thermoplastic composites manufacturing process.
We caught wind of Teijin’s new process just before the JEC Composites 2011 show last year. The company was not fully forthcoming about details of the process, but did report that it is a press-forming system, and that the fiber is prepregged and could be used with almost any thermoplastic matrix, including polypropylene and polyamide. This past spring, developed material forms included unidirectional intermediate-modulus fabric, isotropic intermediate-modulus fabric and long-fiber thermoplastic pellet. And Teijin reported that its press-forming process features a cycle time of just 60 seconds. This is important because the automotive world’s part-per-minute cycle time has long been considered one of the enduring standards composites must meet before automakers will embrace them as a structural materials.
GM’s Jim Hentschel, executive director and global functional leader for Body, Exterior and Dimensional Engineering, told HPC the carmaker has a particular resin and fiber combination in mind but would not identify them. The carmaker also was reluctant to commit to a timeline for development, but Hentschel did say that GM is excited and eager to move forward and help reduce weight on its vehicles. “We moved very quickly on this,” he said, “and it shows that GM is very open to new and emerging technology.”
What remains to be seen is how extensively GM will integrate these thermoplastic composite structures in a new vehicle. Greg Hagy, director of business development at GM, told us that the company plans to “engineer from the ground up” to optimize composites use in next-generation vehicles. They’re not, we report with some relief, expecting “black aluminum.”
GM’s announcement comes on the heels of three others:
Over the past 18 months, BMW (with the help of carbon fiber maker SGL Group) has worked to develop carbon fiber composites for its all-electric i3 and the hybrid-electric i8.
In November 2011, carbon fiber manufacturer Zoltek launched prepreg operations for automotive applications, following the 2010 launch of Zoltek Automotive Inc., to focus on high-volume applications for carbon fiber composites in cars and trucks.
In Japan, in late 2010, carbon fiber supplier Toray and Toyota announced a joint effort to develop carbon composites and processes for body panels on some Lexus models.
Taken together, these announcements make one wonder — hopefully — if these carmakers are only the first of many that will take the bold step of integrating carbon fiber composites into production vehicles. As 2012 begins, it will be interesting to see what other automakers do to meet the challenge these carmakers present. And to see what sort of challenge it is. Do these announcements signal that we are on the cusp of a paradigm shift in automotive manufacturing? Or are we witnessing a few intriguing, but isolated, outside-the-box experiments with advanced materials that might forever remain outside the production mainstream? Only time will tell, but it’s the difference between automotive evolution and a real revolution.
Author: Jeff Sloan , Editor-in-Chief |
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| Posted on: 1/2/2012
http://www.compositesworld.com/columns/automotive-evolution-or-real-revolution
Selling cars doesn't make you a good business and though GM has made quite a turn around in quality control and appeal with their new vehicles, it will take much more to convince investors that GM is a good long-term buy. Old GM sold plenty of cars leading up to their demise, but they weren't profitable. In fact, Old GM sold more vehicles in 2008 than New GM did this past year. Ford is far more profitable than GM and it absolutely does matter that Ford didn't take bail-out money, or at least it does to many investors and consumers. For one, it's a perfect example of how fantastic management under Mulally is. Ford took the recession in stride and came out with a 1,700% PPS increase the following two years. Second, many consumers lost confidence in GM when they filed for bankruptcy, especially those that held stock in Old GM.
GM makes some great cars now, but so does Ford and from a financial standpoint, Ford is much more comfortable.
I doubt 11.50 will hit next week. Longs with the big bucks not already holding F will want in before the ex-dividend on the 27th and I expect most shorts know that.
All we need is a bit of buying pressure and they'll cover. Ex-dividend date is a week from today. Squueeeezzzeee
Oh, Errorme was talking about how (s)he shorted the stock previously and covered today, then Alan commented on how much he must be shorting. I thought that's what you were referring to.
Actually, short position risks are potentially infinite. That's not to say you are realistically risking even your whole initial when taking a short-term short position in a stock such as F, but there are theoretically no limitations to your potential losses when shorting. That's important to remember.
Taking a short position when approaching strong, proven resistance can be a money-making tactic and if careful, one can minimize potential losses while making a bundle. However, short-selling always infers more risk. Playing both directions can make you far more money much more quickly, but it can also amplify losses from poor trades. I take relatively small short-positions regularly and options make up much of my trades, but I never risk nearly the funds in options or shorts that I do in comparatively longer term buys. You have to weigh the risks with potential. If you are throwing around a huge percentage of your equity in shorts, you're gambling quite a bit. Keep what you need to live comfortably, gamble what you can afford to lose, invest the rest. Just what my experiences have taught me, good luck to all of ya. Sorry for the off-topic rant.
We're teetering on some solid resistance at the 200ma. Wait it out a few days and see if there's a reversal before you take a long position imo. It's a good spot to hold a position taken at a lower price, flip for profits, or possibly take a short position if you believe it's not going to break higher. There's a lot of potential upside, but we're a few bucks above the serious support and just below some resistance. The best advice I can give you is to not ask what trades to make, but rather ask for information and opinions with which you can make your own decision. Don't make any trades until you are comfortable with WHY you made them.
Could have a nice short squeeze start soon if his keeps up. Ex-dividend date is apparently January 27th, so there may be some buying pressure from DRIPers and long-term investors to follow up the auto show hype and lead into 2011 financials.
We're not in a significantly better long-term position economically and our fates are heavily intertwined, but focus is on Europe and perception is what will drive the markets in the short-term, not realistic long-term outlooks of economists uninterested in manipulation. If the markets reacted congruent to, "the big picture" there would not have been any ground regained after the 2008 recession's band-aid fix and we would not have closed 2011 nearly even, we would have already tanked. The attention is being diverted to Europe and the first order of business for our global economic woes is taking care of the Euro-debt crisis or at least pretending to. In my opinion, trading will follow the issues at hand not the issues a year from now. News out of Europe portrayed as positive will feed the bulls here while negative news will feed the bears. News of our own economy seems uninteresting and unimportant to many. Trading in the previous 3-month period reflects this. You go your way, I'll go mine.
Yes, 200ma is resistance. We will test it and see what happens. Europe's going to be the deciding factor for a while, unfortunately.
LMAO! So you want me to drink your kool-aid and not the factual kool-aid? You want me to believe that recalls of MILLIONS of cars from 2004-2008 are due to a catastrophe in 2011 and that Ford's sales figures are being fluffed so someone can flip their stock and make a buck? Are you serious?!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70789021
Read it, think about what you said and tell me how accurate it was. If you can't admit these had absolutely NOTHING to do with Fukushima you are delusional. Look at the data. Ford sales are UP, toyota recalls have ZERO relation to Fukushima, and Ford is very profitable, doing great. Arguing with fallacies gets you nowhere, back up your claims.
Many of the vehicles being recalled weren't manufactured and assembled in Japan and/or were manufactured years ago. The disasters have nothing to do with faulty designs and recalls. Reeeaaaccchhh
http://autos.aol.com/article/toyota-fuel-leak-recall/
North American Models Included in Toyota Recall
2006-2007 Lexus GS 300/350
2006-2009 Lexus IS 250
2006-2008 Lexus IS 350
http://autos.aol.com/article/toyota-prius-hybrid-pump-recall/
Toyota Motor Corp. spokesman Paul Nolasco said Tuesday the coolant pump in Prius cars for model years 2004 through to 2007 is being replaced because it doesn't work properly.
Please explain to me how a disaster in 2011 effected manufacturing of the above cars. I'd love to read your explanation!
2011 Ford Brand Sales up 17 Percent for the Year in U.S.; Fuel-Efficient Cars, Utilities, Trucks Drive Sales Gains
U.S. sales of the Ford brand totaled 2,062,915 vehicles in 2011, sealing its first three-point market share gain over three consecutive years since 1970
Ford brand small car sales were up 25 percent in 2011, with 244,291 vehicles sold, while utilities increased 31 percent with 579,626 sales. Ford sold 584,917 F-Series pickups in 2011, making it the best-selling truck for 35 consecutive years and the best-selling vehicle for 30 years
Ford posts best December retail sales month since 2005; total company sales in December were up 10 percent
What do those disasters have to do with recalls? Nothing.
That data goes back to 1990. . . If I made my investment decisions based on 90s data with entirely different management, products, financials, etc. I'd be poor as hell. Ford is supposed to top it's pre-tax profits of $8.3 Billion in 2010 with the full-year 2011. The past three years in a row Toyota has topped the recalls yet you trash Ford and tout Toyota. Ford is posting huge profits, profits in every operating region, great sales figures, great cash flow, and is pushing out some fantastic products. You're reachin' for straws my friend.
http://autos.aol.com/article/why-toyota-topped-recall-list/
Ford has made incredible strides in the past 6 years thanks to this man:
Their new vehicles are fantastic. We have a 2005 Subaru wrx sti, a 2006 Maserati gran sport, a 2012 Mercedes GLK350, a 2007 Land Rover LR2, a 2006 Subaru B9 Tribeca, and a 2007 Ford Escape in our garage. Most of them have under 20k miles, but the Tribeca and Escape are both well over 100,000 miles and the Escape has only had one unscheduled visit to the dealership for a radiator hose crack. Ford vehicles used to be junk, but I am a car nut and have seen enough great Ford vehicles at the track or just in every day use taking a fantastic beating since Mulally took the helm to change my view. I'll be trading in my STi for a 2013 GT500 as soon as they're available and markup goes down. They make great cars and run a great business.
Toyota set the record for recalls this year. . . and the two years prior. Ford is doing fine, everybody makes recalls.
No problem.