Good question. I bought at 15.89, 15.54 and finally 15.40. Thought it couldn't go any lower. I'm out of cash so all I can do now is wait. I am confident it will see 16.00 again some day. It's done this many times in the past. You just have to make your money 10 or 15 cents at a time on this one.
I've been messing with this F stock for several years. It will crawl back up to 16 plus slowly. The smart players scare the average suckers like us into selling, then they move it back up to where they can make some serious money. Hang on, quit looking at it for a month or so, it will come back.
Tens of thousands of people probably look at this site every day. That's too good of an audience for these morons to ignore. It makes them feel important, something they desperately need for their low self esteem.
Ford reacts to earnings report, usually down even with a good report so that's scary. But we want to hold on for our 15 cent divie. As soon as the ex-divie date, it will take a 15 cent dive anyway. Oh, what to do?
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.