"We now have proof that Toyota failed to live up to its legal obligations. Worse yet, they knowingly hid a dangerous defect for months from U.S. officials and did not take action to protect millions of drivers and their families." -- U.S. Transportation Secretary Ray LaHood
This is big people. The lawyers are lining up for this one!!! World wide!!!
That's shocking. Here the S&P is up a massive .84 since last Thursday and you still haven't made money on your investment in Ford. I would suggest that if you're that impatient, you may have difficulty making money anywhere in the market.
Man you guys all sound the same. Chill... We all want to make money. Panic selling does nothing when a stock price goes down. If there was negative news, then I would bail, but Ford has nothing but great news. Selling into a strong earnings report is dumb. Nuff said!
I said one could buy before the close last night and sell for a dime profit this AM. I happened to be right and that means very little. Start watching bollingers, they were showing signs of convergence last week and here we are. Hold your shares and sell them anywhere over $13.50 if you must sometime in the next three weeks. Peace.