Ford Motor Co. Message Board
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Truly disgusting
Truly disgusting how they can beat it down soooooooo hard for NO reason at all. Manipulation at its best.
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Have you ever hear of...profit taking? Stock has run from 14 to 15+ in a couple of weeks.
- 1 Reply to slapshot462000
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Ford was up over 12% over the last four weeks. Twelve percent in a month is a nice profit to take!
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manipulation, my a--, it's just trading. First support at 15.60, second support at 15.40; 16 will be a bit of a wall to break down because it was a support for 2 weeks before it broke down earlier this winter.
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I've been in the market a long time, and have learned that the individual investor is just along for the ride. F has been good to me despite all the manipulation. My cost basis is 9.93.
- 1 Reply to juanruiz1330
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JUAN -- what are you calling "long time?" I've been here 5 yrs - basis $7.51 (works out to 108% gain, 18.6% per year). In hindsight kicking myself for not having guts to jump on $2-$4/share in Feb-March '09 (isn't 20-20 hindsight great!!)
Seriously, curious what you mean "long time" - not being nosy, just trying to get a feel for what I'M doing here. F has been good for me also - just didn't see how good until now.....Frank
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