For the past 40 years the car buying public has jockeyed from high gas-little cars to cheap gas-big cars. Big cars make more profit so this should help Ford's bottom line. look for the gvt to jump in with higher gas taxes thinking we won't notice it too much. Arabs are pretty smart, they can wipe out the U.S oil industry and raise the prices again after we are destroyed.
Wuch-y gunna-do? Encouraged that it didn't dive Tuesday but Fridays are always a little scary. I'm holding on for my BE at 16.33 at least.
Did any of you read what these recalls are for? A little switch under the passenger seat that needs readjusting, a bracket that holds the fuel filter, a gas line that needs to be re-bent to clear an obstacle. Ford will sell more vehicles to customers waiting for these 5 minute adjustments than they will lose in revenue. These recalls are not a problem!
What you are missing is that body repairs are almost entirely total replacement of panels, not trying to straighten bent metal. Panels are usually bonded on, not welded. Steel will still be used under the panel surfaces where straitening can be done without need for perfect appearance. None of us will ever think of a potential problem that the engineers have not researched for several years. When the F150 got a green light, everything that could go wrong was considered to the 10th degree. I would buy one sight unseen right now if I hadn't lost all my money on their stock!
Now I'm out of cash. I thought there just couldn't be any more weak hands selling below 14. Just have to hold and wait it out now. Way too many weenies own this stock.
The nice thing about being old is the experience of seeing markets that go down come back up. I have not lost a dime on my Ford stock because I have not sold it! The losers are the ones who panic and sell when the price goes down. It will crawl back up just like it did last February. Just chill!
I was afraid it was going to be a bloodbath today, being Friday. I think it will claw its way back up to 17's over time just like it did after the February crash. Sure wish stocks would go up as fast as they can fall.
There are so many people who buy this stock because they are Ford car lovers. They don't realize that great cars don't equal great stock. When they hear that the stock is going on sale, they run out of the store. I love and restore old Fords and I was going to buy a new 15 F-150 but I lost all my money on the &*^% stock.
Its the same story in Mexico. Cheap labor, high prices, very difficult to bring in a used car. I see a lot of new Fords on the streets here every day. Everything seems to be going well for Ford here.
Over the past year I have made about $2 a share, 10 cents at a time on Ford. Some call that profit raping. Everyone here is trying to make money on Ford. I have recognized that every move up is followed by a drop, it is very predictable. The trend is up so I adjust my buy and sell orders up about 5 cents each time. Someday the train will leave the station leaving me behind but at least I will have my $2 profit in the bank. I could have done the buy and hold thing, but this has been a better way to make a little money and it's more fun.
I jumped out at 16.62. I hope it takes one more little dump so I can get back in at 16.52 and make my dime for the eight time. I have survived on little 10 cent bites at a time.
Do you know any other way to make money on this stock? I swing trade for a dime at a time and have made 50 cents over the past 6 weeks. Better than nothing.
I bought 500 @ 7.34 Friday and sold 500 @8.34 this morning. Feeling like a genius right now. Can my luck hold out if I come back in?