I mainly trade crypto but looking at the weekly chart on STLA I'm seeing it on the way down to hit a target of about $15.75 off a head and shoulders pattern that started around last November. This drop would correlate with the 20-25% correction that many analysts are calling for market wide. Given recent difficulties we've seen at Stellantis (but perhaps not YET at other companies) it's possible that we are seeing it front run a greater market down turn. In short, look out folks the bubble is about to pop!
I work at a Stellantis plant and the rumor going around is that Stellantis sold all the power train plants to ZF. Idk if it's true but supposedly it's a done deal and will be announced in 2wks. So we'll be waiting to see if it is true 🤷🏿♂️
They never did that. All they did was renew the trademark. And I doubt that will translate to a new car. It is most likely for toys, video games, and other forms of merchandise.
My local dealer was once a Sears store with an auto center as well. The front wall was torn out and they spent a fortune renovating it. It is now surrounded by an ocean of new Rams, Jeeps, and Hornets, and I mean an ocean. Constant commercials on our local stations especially during the local news. I think if I owned a Ram pickup I would be trying to get rid of it because if they go bust it won't be worth squat.
A little off topic, but one has to wonder where Chrysler would be today if Bob Lutz had succeeded Lee Iacocca instead of Bob Eaton when Iacocca retired in 1992.
Stocks go up and down , but I think it will be below 15. The bad engines are sabotaged engines, because the people in Mexico thought they would be making more money and they are having to fight to get just a.pay check. They greatly dispise the big dog getting 40 million bucks and their job sucks. From the old man in sack cloth and the sign that says it bucks saying that the last man out has to shut the lights out for free love ya TK from the ozarks.
Hey TK, I think the stock is starting to drop because there are those who already know earnings are going to be missed by a large margin when announced. I bet people are slowly starting to sell off the stock as to not draw too much attention, especially from the SEC.
Is the stock down. It’s up on a year on year basis. And dropped at Q4. But it’s still higher than a year 2 years 3 years ago. you need to stop thinking stellantis is dodge and ram. There a very small part of the overall picture
Now the shareholders are paying attention , not crap overpriced vehicles or lay offs , this will get CEO in trouble 😅
TK'S Garage Friend keep up the great work 🇺🇸🇺🇸🇺🇸😃😃💪💪💪👍👍👍👍
I mainly trade crypto but looking at the weekly chart on STLA I'm seeing it on the way down to hit a target of about $15.75 off a head and shoulders pattern that started around last November. This drop would correlate with the 20-25% correction that many analysts are calling for market wide. Given recent difficulties we've seen at Stellantis (but perhaps not YET at other companies) it's possible that we are seeing it front run a greater market down turn. In short, look out folks the bubble is about to pop!
Once again a company torpedoeds their own ship. The smart people are taking the best life preservers before it sinks.
I work at a Stellantis plant and the rumor going around is that Stellantis sold all the power train plants to ZF. Idk if it's true but supposedly it's a done deal and will be announced in 2wks. So we'll be waiting to see if it is true 🤷🏿♂️
Oh it’s getting closer to a economic depression/collapse
Our ultimate goal is to save all of the brands under the Mopar name!
well north of the border they are suffering because ev is not realistic for our climate same for the northern states
I bought long dated PUTs 2 weeks ago. We'll see what happens up to, and after, their earnings call.
So why are they hyping the '25 Barracuda ?
Only enough to lure their customers into hanging around.
They never did that. All they did was renew the trademark. And I doubt that will translate to a new car. It is most likely for toys, video games, and other forms of merchandise.
My local dealer was once a Sears store with an auto center as well. The front wall was torn out and they spent a fortune renovating it. It is now surrounded by an ocean of new Rams, Jeeps, and Hornets, and I mean an ocean. Constant commercials on our local stations especially during the local news. I think if I owned a Ram pickup I would be trying to get rid of it because if they go bust it won't be worth squat.
I bought FCA shares and held. I got a payout when Stellantis took over. I still have 1000 shares of STELLANTIS. I’m not selling. Just gonna hold.
Finviz says STLA has 3B shares and $18.63 cash/share. $55B in cash. Surprising!
A little off topic, but one has to wonder where Chrysler would be today if Bob Lutz had succeeded Lee Iacocca instead of Bob Eaton when Iacocca retired in 1992.
When I look at a hurricane engine, I think yup it's a knock off a chevy Vega engine LOL
Stocks go up and down , but I think it will be below 15. The bad engines are sabotaged engines, because the people in Mexico thought they would be making more money and they are having to fight to get just a.pay check. They greatly dispise the big dog getting 40 million bucks and their job sucks. From the old man in sack cloth and the sign that says it bucks saying that the last man out has to shut the lights out for free love ya TK from the ozarks.
Good for short investors😉
Hey TK, I think the stock is starting to drop because there are those who already know earnings are going to be missed by a large margin when announced. I bet people are slowly starting to sell off the stock as to not draw too much attention, especially from the SEC.
The Cuda they're teasing, is it built on an Alfa platform?
I think the reason way stalltic stocks are falling, people in north america are losing interest in ther cars. Ther cars doesent meet peoples demands.
I think this CEO's days are numbered. He's not simply acknowledging his errors...
Are we still buying? I'm for it, I wanna be in your group.
Is the stock down. It’s up on a year on year basis. And dropped at Q4. But it’s still higher than a year 2 years 3 years ago. you need to stop thinking stellantis is dodge and ram. There a very small part of the overall picture
I've got 2024 reasons why that stock is down.
Stellantis will sell off Jeep and fold DCR. They are a European car company.