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Blockchain Tech Inventor
Join Date: Jan 1999
Location: US fn A!
Posts: 1,545
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Ford Motor Co. (F)
Ford is struggling. The stock closed today at $6.96.
So, is the stock a bargain or will they bust? Any opinions?
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A Mean Green Lifted 1972 C10 Long live the king! |
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19 years and 17k posts...
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I'm buying it, but as a Ford employee I am frustrated in the short term, but in the long term, I think the stock (and the company) will do well. I like to "buy low" and "sell high", but I don't plan on selling my Ford stock for awhile...
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Art Zasadny 1974 Porsche 911 Targa "Helga" (Sold, back home in Germany) Learning the bass guitar Driving Ford company cars now... www.ford.com |
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Senior Member
Join Date: Apr 2002
Location: NY
Posts: 1,368
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I would think if you were ever considering buying Ford stock, now would be the time to back up the truck and load up. *beep* *beep* *beep*
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I'm with Bill
Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
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I rode it once too and did pretty good. I bought at about 8 and sold at 14 made some nice money on that. I rolled it into Sprint hearing they were developing the Push to Talk thing like Nextel. Shortly after that Nextel bought them. My $8 stock shot up to $25. Wish I had bought more.
I was going to dump everything and buy Velero. I might take a chunk and grab some F too.
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1978 Mini Cooper Pickup 1991 BMW 318i M50 2.8 swap 2005 Mini Cooper S 2014 BMW i3 Giga World - For sale in late March |
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Slackerous Maximus
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,162
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I don't see a bankruptcy in Fords future.
I don't see how GM could possibly avoid one.
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2022 Royal Enfield Interceptor. 2012 Harley Davidson Road King 2014 Triumph Bonneville T100. 2014 Cayman S, PDK. Mercedes E350 family truckster. |
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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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As long as Americans continue to buy gas-guzzlers, F and GM will always have a chance. I honestly see no relief for either company in the next 2 years.
Plus side: price/book Minus side: insane debt levels |
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Registered
Join Date: May 2005
Location: trumpistan
Posts: 9,879
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The Japanese auto makers with plants in the US have a HUGE advantage being relatively new to the marketplace and not paying hundreds of thousands of retirees benefits. How can the US automakers respond other than screwing over employees who were loyal to them over a lifetime for the promise of a worry-free old age?
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Brandolini’s Law: It takes hours more time, research, and writing to debunk misinformation than it takes to spread it. Last edited by DaveE; 04-25-2006 at 09:04 AM.. |
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Bandwidth AbUser
Join Date: Nov 2001
Location: SoCal
Posts: 29,522
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Quote:
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Jim R. |
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Registered
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A key rule in trading stock: never try to buy at the bottom. Look for the start of a move upward.
At present, I don't see any good market reasons for Ford to improve, aside from their commitment to cutting overhead.
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techweenie | techweenie.com Marketing Consultant (expensive!) 1969 coupe hot rod 2016 Tesla Model S dd/parts fetcher |
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Registered
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I currently have some Ford shares but I bought close to $10 a share so I am holding them for now. I don't think they will go bankrupt and if they do they would sell off other divisions such as Volvo first.
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Modes of Transportation: 1984 Porsche 911 Targa 2003 VW Jetta GLI |
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Registered
Join Date: Jul 2004
Location: New England
Posts: 5,136
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Unlike GM, if Ford goes bankrupt, it passes out of family control. That won't be enough to stem the tide if it's too strong, but you have to figure the Ford family will do everything within their means to avoid bankruptcy.
I wish I saw some product coming out of Ford that would encourage me to buy its stock, but unfortunately I don't ![]()
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We will stay the course. [8/30/06] We will stay the course, we will complete the job in Iraq. [8/4/05] We will stay the course *** We’re just going to stay the course. [12/15/03] And my message today to those in Iraq is: We’ll stay the course. [4/13/04] And that’s why we’re going to stay the course in Iraq. [4/16/04] And so we’ve got tough action in Iraq. But we will stay the course. [4/5/04] Well, hey, listen, we’ve never been “stay the course” [10/21/06] --- George W. Bush, President of the United States of America |
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Certified Pre-Owned
Join Date: Aug 2002
Location: Nanny State
Posts: 3,132
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Wouldn't it have been nice to buy a little Toyota about 3 years ago...
Which leads me to my next question...if Toyota is hovering around $115 a share, when might it split? Obviuously it splits when the company feels the price per share is more than the investor is willing to pay...but any predictions as to if or when they might?
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'84 Carrera Coupe |
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Registered
Join Date: Nov 2001
Location: Marina del Rey, CA
Posts: 508
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Quote:
Scratch that. Stay out. Best of luck either way. Still what Turbo6 said though.
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We can share the women, we can share the wine - Jack Straw. 1970 911t w/3.0 1971 914 w/2.0 1987 300E |
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