"With deteriorating margins and massive debt, the legendary American automaker is running on fumes. It may not make it to the finish line."
"Remarks from Ford’s management suggest that they see the writing on the wall. Jim Farley, the company’s COO, had this to say at an investor conference in New York:
Everyone at Ford Motor Co. knows the situation we’re in. I can see it on the face of my colleagues, and it takes me back to about 10 years ago.
A decade ago, Ford hit its all-time low of $0.67 per share. This time it could hit zero."
Wow!