Actually Cramer wasn't too far off on that one. I have some 6% 2015 Ford Motor Acceptance bonds which I've owned since issued several years ago so I didn't buy them on his say-so. But anyway they went down to 170 at one point (probably around the same time the common stock was 2.xx) and are now practically back to par; so that would be quite a nice gain if someone bought them at that low point.
I bought more F stock today prior to Cramer saying so...
The price right now is unbelievable - I did not think I would see it again until the next recession.
The faulty comparisons to GM here are silly...Profit is king and Ford is king of the Auto's. SandP just upgraded F Bond rating...on their way back from the brink and still not 2/3rds owned by taxpayers (er - unions).
(little known fact, GM only paid back $13.5 Bio of the loans after the $23 Bio stock sale) They still owe much more...)