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boredhousewife

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boredhousewife

Re: creepingcrow post# 4692

Thursday, 11/18/2010 4:32:20 PM

Thursday, November 18, 2010 4:32:20 PM

Post# of 20543
Believe me GM is going to get whacked and no doubt after a few days of trading. It was dropping in the end and the hedge funds made sure they kept it up. On the TSX exchange they barely eked 34.00. The shorts will come out on GM and you will not sorry you held Ford. I got an SP report on Ford today they target Ford at 18.00 and so do most analyst for now. My RBC targets Ford performance at 23.00 for 2011. Ford will beat their earnings and pay off their debt by end of this year and GM will lose in next earnings, they already are losing in the European division and that will show next earnings. Ford normally follows the broad market on a good day like this Ford would have been up no problem if it wasn't for GM. I wouldn't worry for Ford. JMHO
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