Ford Restructuring
Apparently Ford is going to shift its Focus(forgive the pun) towards building smaller energy efficient cars. As you know, Ford Motors lost 5.8 billion this quarter. Ford is also planning to restate the results from 2001 through to this quarter for its consumer credit division. I wouldn't be surprised if we saw more big losses from that. I would suggest holding off on any purchases of their stock.
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Just as a side note, i will publish a list of picks tomorrow night.
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