Camaro will dust the Mustang off in 2009 like they did since the mid 1990's.
BTW, How many GT's has Ford sold? Have they sold 1000 yet in the past few years? Who wants that $140,000 POS. Corvette keeps the GT in place at 1/2 the cost.
Is Anybody steering the Titantic? Does management know what they are doing? How the hell can you be that far off on stating your losses? Double than expected? Classic Mismanagement. Why own this POS?
"Chevy, you might be saying the same about Ford before the year is out. I must say, it would be a little more like gambling than investing, but you never know."
You may be right. I definately think it is more of a gamble on either GM or F at this point. You can't win or (lose) money setting on the fence. I just feel this is probably dead money in F for the time being.
I refused to pull the trigger on TM a few years ago when it was around $49. I was concerned about a weak dollar causing Toyota's to become "more expensive". It would seem that was a bad hypothesis (ho). :) If I were to buy an automotive stock, it would be TM. Anyone who thinks F, GM can match TM quality truely is in denial IMO. Toyota has made a high quality vehicles for the last 3 decades and it is now paying off for them.
Contra, I'm not a short. Never have been. Don't let the name CR3 fool you into thinking I'm a GM shareholder. All I am saying is that I believe Ford and (GM) are dead money for the next couple of years. (however GM seems to be a little more volatile for someone wanting to make a short term trade). I should have bought GM when it dropped to around $20 but I shyed away from the automotive stocks.
Nice Chart. As I said, I wouldn't own any automaker right now (yes, not even GM. If I did, this is the chart we would be looking at.
Not really unless you own a crapload of them and cashed out at the gain. Stock will not move much upward in the next 1-2 years IMO. You could make more money in a CD over the next year than you will in F.
You can tell times are tough when you get excited that Ford managed to stay at a slight loss to a break even on a day the market is way up. Woooohooooooo....... Go FORD!
It wasn't meant to be an "attack". However, you have been "pro" Ford for the past few years and you have speculated on how the "500", Stang, etc should help pull Ford out of the crapper (which is yet to happen). As I stated in the past, I would not have held automotive stocks because of the baby boomer retirement issues, elimination of high rebates that spurred short term sales but hurt long term sales, and rising interest rates. Ford's quality issues are a totally separate topic.
It is defiantely true that you don't post sentiments (which personally I think is a waste of time because they don't affect the price of the stock IMO).
I don't read the board enough to worry about putting anyone on ignore.
As far as how much Ford shares I'm holding, that would be 0. Never owned Ford Shares and never will. (Nor do I own Gm, or Toyota although I wish I would have bought Toyota shares a year or two ago)
Again, Good luck with F.
Good point. Every day it becomes less and less of your total portfolio when your stock holding (F) is in a death spiral.
"Chevy, my investment in F is such a small part of my portfolio that it really doesn't make that much difference."
It all makes a difference. I'm suprised you spend so much time on this board touting Ford over an insignificant amount that is in your portfolio. I told you three years ago this stock was junk. Good luck.
You making any money on Ford over the past couple of years? Have those Mustang sales bailed Ford out of the crapper? Toyota is eating everyones lunch.