Hot Stocks: Canadian Ford Dealer Offers Ford Shares to Buyers of Ford Vehicles
Contrarian Profits (December 3rd, 2008) Writes:
If you like the car, will you love the company?
When it comes to Ford Motor Co. (F), a Canadian car dealer bet a month’s sales on that premise.
Rose City Ford dealership owner John Chisholm offered 100 shares of Ford stock to anyone who bought a new or used vehicle from the dealership during the month of November, the Windsor Star newspaper reported. Chisholm, the president and general manager of Rose City, said he got the idea from a General Motors Co. (GM) dealership in Texas that offered GM shares for each vehicle sold. So Chisholm opted to try it in Windsor, the Ontario, Canada city where Ford has both a long history and deep community roots.
“What a great way to show our confidence in the company,” Chisholm, who employs 80 at a
...Anthony J. "Tony" Faria;, Canada, car dealer;, cent;, Chrysler Corp., Citibank, Congress, contrarian profits, Dearborn;, Enron, Ford, Ford Focus, Ford Motor Co, General Motors Co.;, John Chisholm;, JP Morgan Chase, Market Commentary, Michigan, Ontario, Rose City;, Texas, Tina Reed;, United States, University of Windsor;, Us Government, USD, Volvo, Web site wag;, Windsor, Windsor Star;, Worldcom


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The FBI is investigating FRE, FNM and AIG. It wouldn’t take a genius to figure out that they’re looking for--fraud and massive cover-ups. While the scope of all this is unknown I feel like I’m back in 2003 waiting for executives at Enron, WorldCom and Tyco, to name a few, get carted off to the hoosegow. Greed has a short memory.
The inbox is full of mail from yesterday’s posting and basically everyone is of the same mind--this proposed bailout deal has a lack of disclosure.
The president speaks tonight and perhaps he’ll clue us all in.
The big news initially today was another slick Warren Buffett deal whereby he gets a stake in Goldman Sachs and a 10% preferred dividend with warrants attached to convert to equity. Is this a good thing? It is for him period. ... 



