I'd be more than happy with that prediction. Problem is, it doesn't jump on good news to that extent. MMs, keep it down to let their shorty friends to get out. Hell, I've seen it drop on good news.
I have held F for many years, and am optimistic about its future. Although I think 20 is a little high. Too many traders and not enough investors. I have a long term horizon; too many others want to make .50 and then sell.
How much of GEs growth is in anticipation of the buybacks and divs promised from the divestiture of its financial arm and appliance division? F cannot make such a promise. Although I will say F is incredibly manipulated.
Insider selling is not always a bad omen. It could mean many things: balancing the portfolio, sending your kid to Hahvahd, buying that castle in Scotland.
"When the demand finally arrives" Aye, there's the rub. I'd be more likely to replace "when" with "if." I can afford to hold; don't need the cash. But obviously over the last 18 months a lot of people didn't feel the same way.
Undervalued is relative. It's been trading at what people believe it is worth, no matter what the fundamentals might be. As I've said numerous times, when ADV is next to nothing, 500s can move the stock. I do enjoy the dividend, and I do hold it hoping for better days. I long ago gave up on it ever getting anywhere near my cost basis.
Wish I could be as optimistic. Stock prices do not reflect the strength of a company. Between the darlings, like TSLA, which have outrageous P/Es and no future, and those which are manipulated by market makers, individual investors are left to hang in the wind.
I have owned Awilco a long time, and have no intention of selling. It is so thinly traded that any buy or sell moves it around. I see it sitting in the 3s for some time, simply because there is no interest in it, nor will there be for a long time.
Awilco has dropped enormously. Many of us are sitting with a cost basis of over $20. So, as the pps drops, and may well go into the 2s, what does management do? The drop in the div has not been exactly optimistic. The reduction to one unit isn't all that great. Are we looking down the road at bankruptcy? Or is $3 a buying opportunity?