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Ford Motor Co. Message Board

  • goldfinger.2006 goldfinger.2006 Oct 24, 2006 6:51 PM Flag

    What Ford is Worth

     

    I think Ford may now have dropped into a negative tangible net value as of the 3rd quarter report. In other words, your stock is worthless now, in a liquidation.

    Tanglible book was about $7B at the beginning of 2005, and that's now been completely lost in the last three quarters.

    What better reason for shareholders to get excited and rally the stock 5% :) Just remember if your retirement money is in the market, this is a casino, not a place for sober adults.

    Still, paying $8.26 for something worthless isn't as stupid as American Airlines shareholders who are paying $27.70 for a stock worth negative $7.00. Stand back and ask yourself if, in a global stock market, these are the best investment ideas you can come up with ?

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