Ford Motor Company (F) – Bear of the Day
Zacks Market Commentaries (March 26th, 2009) Writes:
The U.S. government should provide $25-$50 billion in aid, which will act as DIP ["debtor-in-possession"] financing. Any aid should force the company to only make 35MPG+ vehicles.
Management should be purged and outsiders brought in. Tariffs and quotas should be implemented for imported vehicles from overseas. Consumers should be allowed to deduct their automotive interest.
Lastly, global alliances should be forged among producers in North America, Europe and Asia. From an equity holder's perspective, these compels us to rate the shares a Sell with a six-month target price of $0.00.Zacks Investment Research
Asia, Automobile Manufacturers, Day Ford Motor;, Europe, Ford Motor Company, North America, Stocks to Watch, United States, Us Government, USD, Zacks Market Commentaries


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