You can find something more stable like Verizon for better safer returns.
Leave Ford to the gamblers if you like to keep your money.
Just look at volatility. It is jacked up for the scam. They do it for all the scams.
Come back in April or May when volatility is back down. You will thank me or wish you had listened to me. Your choice.
I bought some F stock when it was trading below $2.00. I am very glad I got in on this "scam".
The real reason, makes good cars, trucks, reliable and they did not take a single dime of my taxes to survive. Do you have any idea how much in the $billions the tax payers are having to eat to keep GM alive, Chysler? Chysler was a LLC on top of that.
I will stay with F, drive them, none are perfect but what is?
If a person is a long term holder for a year or more and they own it they should stay with it.
Churning just runs up cost.
For an experienced day trader like yourself you may be right. As far as a scam in the large volume trades I doubt that is happening. The smart guys want in!
Verizon pays a good dividend but can also get caught in a price downturn.
Myself, I believe the auto industry is in the first inning of a great rebound.
As far as F is concerned, I think they have a great product mix and more coming in 2013.
I also like GM but not as much.
I don't think it will recover fast as you like. Do you realize a new auto cost almost as much as a house does now.
Why arent all those 60K houses selling? People are not going to live in a new car.
I disagree with automobile industry recovering. Thats why they are pumping volume to make it look like thats where the action is. All a scam.
Dont get caught up in it is the best advice you can get.
Tell you what. You can buy mine when I sell at 13.20-13.50
900 million shares traded? What day was that? As I've said before, as the PPS started to rise the shorts sent in their D-Team. At least get basic facts correct. Your opinion and personal speculation should be give the same credibilty as your facts. My choice is to remain long F.
You don't get out of your cubicle much do you? Go get some fresh air. Highest volume lately was 140 million in a day. Check stock history. A few years back it was this kind of volume which drove Ford higher, not lower. 900 milllion....get some fresh air.
Sentiment: Strong Buy