Talk about ominous…
For Ford, the once-mighty automaker who has slid unflinchingly towards irrelevance and, quite possibly, bankruptcy, for the past ten years, an awful convergence of bad luck yesterday:
In another ominous sign for Ford Motor Co., the automaker’s stock price skidded to a 52-week low [...] down 13 cents to $6.66, its lowest level in a year. The combined value of Ford’s shares has fallen to $12.7 billion, about one-fifth of its value in mid-2001.
Sorry, but 13 cents to $6.66! If that shit were in a movie, I wouldn’t believe it - way too fake and impossible. But, no! It really did happen (ask Bill Ford, he’ll tell ya). So not only is the company and it’s stock swirling down the shitter, it looks they are cursed, too. How about dat. [via Cars! Cars! Cars!]