Kevin Tynan Quotes on Business & Commerce (4 Quotes)


    There is still a lot of work to do beyond the Ford agreement. The scale of restructuring in the industry is just enormous. It is going to take time, take some aggressive actions, and it is going to be expensive.

    It's a scary time. I sort of cringe when I see that 10-move-in-a-day reaction, especially from the upside. I think this industry, from top to bottom, is in trouble. With the Big Three manufacturers in the state they're in, it certainly bleeds down to suppliers. The entire foundation is so weak now.

    We have today and tomorrow as the last trading sessions of the year. With the stock being down so far, you would be looking at a little bit of tax selling to harvest those capital losses to offset gains in other areas.

    This is a company and an industry that has a lot of bigger issues to deal with.


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