Yep....Hackett's fix, fire more experienced workers, hire more college grads with no experience....and more worthless consultants to give bad advice. That will do it. Then make sure the employees sit through endless sessions where the executives wax poetically of how brilliant and cool they think they are. All the while Ford bleeds cash.
7 replies (most recent on top)
RIVIAN will save the company, yea right.
Stock will break through to the sevens soon. $5 by end of second quarter with dividend reduced or removed.
I have about $80 in Ford stock now - so happy that I dumped it 10 years ago. I keep it just for nostalgia purposes!
Consider the source..."Ayush is a financial blogger and a swing trader. He has roughly four years of experience covering the U.S. stock market" he's just another dude with desire to get his name out there? Not a major player. If it is a Chase Bank analyst, that's a different ballgame.
@1bgr Just for clarification, the article is an opinion piece, not fact.
Why Bankruptcy Is a Forgone Conclusion for Ford Motor Company.
You all need to read this article because it is becoming a reality for Ford.
https://www.ccn.com/why-bankruptcy-forgone-conclusion-for-ford-motor-company/
https://www.ccn.com/why-bankruptcy-forgone-conclusion-for-ford-motor-company/
This maybe coming sooner than you think.
Dividend will be gone soon. Feel sorry for those stuck with Ford stock.