Last time Ford was heading toward bankruptcy, Allen used the blue oval as collateral for a loan. Now that we can't seem to get a blue oval for our vehicles, what are we going to use? Recession is looming, bankruptcy is on the table.
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I would really hate to see this happen. Ford needs an intervention from Alan Mullaly!
Ford stock has a gap down to $5. It will fill at some point in time. How much lower it goes remains to be seen, but it provides direction.
Blue oval current value is $2.50. Sell the Dearborn campus to pulte to build homes and subdivisions.They will get more per acre than designing cars on that property.
How are you so certain Ford will go bankrupt?