A year ago, if someone told us that Ford (F) would announce a profit of over $2 Billion AND the stock would drop over 5% on that same day, what would YOU have said? Oh yeah, GM and Chrysler would file bankruptcy, and Toyota (TM) would have all sorts of highly publicized recall issues...AND Ford's share of the market would jump considerably....Stock DOWN over 5%.
What would you say?
Showing posts with label TM. Show all posts
Showing posts with label TM. Show all posts
Tuesday, April 27, 2010
Friday, March 26, 2010
Toyota: Is this stock stupid, or am I?
I don't get it.
Toyota (TM) keeps getting bad news. Their accelerator petal sticks (not always but often enough to make the news circuit). They replace the defective parts...with parts that are still defective. They seem to "hide" information.
Yet their stock keeps rising.
Labels:
Autmotive Industry,
Auto Industry,
Auto Stocks,
Automotive Stocks,
F,
Foolish Buying,
Ford,
TM,
Toyota
Sunday, March 14, 2010
Buying the Stock Based on the Product--not its Price: Toyota
I know someone who bought Toyota (TM) a couple of weeks ago.
I remember telling this person that I was looking to possibly buy TM--IF they dropped to the low 60's, if not fully drop into the 50's. During the past 1-1/2 years or so, they've been struggling with higher recall levels than usual. However, their PR has been taking HUGE hits since this whole accelerator sticking (made by supplier CTX), causing a lot of accidents.
I remember telling this person that I was looking to possibly buy TM--IF they dropped to the low 60's, if not fully drop into the 50's. During the past 1-1/2 years or so, they've been struggling with higher recall levels than usual. However, their PR has been taking HUGE hits since this whole accelerator sticking (made by supplier CTX), causing a lot of accidents.
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