but you know that Visteon (VC) and American Axle (AXL) and Johnson Controls (JCI) and BorgWarner (BWA) -- the good ones! -- go down with the car.

jim cramer

Sharesheld: 30,100,000

Expecting better than expected earnings to reverse trend

Short Interest Ratio: 16

Insider Buying recently: $19 million worth of stock in last 6 weeks

Visteon (VC) rating lowered to Sell from Neutral, Goldman Sachs said. Believe restructuring plays will underperform in the current environment. Additional negatives include weak fundamentals and difficulty in securing funding required for a takeout or break-up. Price target at $7.

From Barron's 8-11-07:

"Pardus Capital Management increased its position to 29 million shares (22.4%) by buying 875,000 from Aug. 3 to 6 at prices in the range of $6.21 to $6.46 a share."

From Barron's 8-6-07:

"Pardus Capital Management raised its stake to 27.25 million shares (21%) by buying 250,000 July 27 at prices ranging from $6.35 to $6.54."

From Barron's 6-18-07:

Hedge fund Pardus Capital Management raised its holdings to 23.5 million shares (18.1%) by buying 300,000 on June 8 at an average price of $7.98.

I Have it

Poor management