$F Interesting Q1 ER, but don't they still have more debt than some small countries? Last I checked they had a debt/equity ratio well over 5. So with Q2 production getting chopped in half due to the chip shortage that will limit what F can do immensely in terms of generating revenue and/or paying down debt. Indeed F has cut its adjusted full year EBIT down to $5.5B-$6.5B from $8-$9B. So this is now looking like a very poor and very risky long term hold and quite possibly a poor short term hold as well. The pumpers here seem to think $15-$18 is a valid target in the next month or two. But I simply do not see it.
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