Posted on 03/02/2009 3:25:07 PM PST by GUNGAGALUNGA
Does anyone here think Ford will eventually increase it's stock price? It is down to nothing and I was thinking of purchasing some shares to see what it does. Any thoughts
Personally, I think so, but taking a poll is not the best way to make these kinds of decisions.
I’ve bought quite a bit over the last 3 months.
My thought is that Ford will be the last man standing.
Plenty of good products already in the pipeline, and no TARP funds needed.
But it’s all a crap shoot these days...!
Never been a Ford fan, but if I had to buy “domestic”, they’re the only respectable ones left. Screw the other companies. Go under.
Ford isn’t begging for money and that’s something.
Well, obviously its gotta go up some day. The question is...how much more will it drop before it starts going up? And how long do you want to wait before making a profit? If you buy too early, it could take 5 years before you break even...or not.
It’s your money. If you buy and it drops, you’ll kick yourself. If you don’t buy and it goes up, you’ll kick yourself.
So the short answer is: you’re on your own.
but asking for others opinions is a very good step in that decision making process.
Ford is not a bad choice.
How many shares are you thinking of buying?
“My thought is that Ford will be the last man standing.My thought is that Ford will be the last man standing.”
Qualified statement? For example last of all the car companies? Last U.S. maker before they tank? What do you mean?
I think what the poster wants to know is “Would you consider buying Ford right now?”
If yes, why?
If no, why not?
I myself would give some serious consideration to it.
But I’ve been doing some small buys of smaller community and regional banks that didn’t get whacked across the heads with a lot of non-performing assets and have regional upwards potential.
There are several other companies that are undervalued simply because the market is down and it is dragging them with it.
If you plan to buy and hold for at least ten to fifteen years then yes this is the time to buy.
Buy about half of what you were going to buy. If it goes down, buy some more.
Buy about half of what you were going to buy. If it goes down, buy some more.
I wouldn’t.
I would consider it...in about 3 months.
I like that strategy. But I wouldn’t start until july. And by then I might change my mind.
Don’t be fooled... The ONLY reason Ford didn’t have to take TARP funds is... just last year, they mortgaged most of their physical properties to get a HUGE multi-billion dollar loan.
They’re buring through cash too. Their products SUCK! Probably, even worse than GM’s. And, they have the same problems with legacy employee cost.
IMHO, there is ZERO hope for Ford, GM, or Chrysler until they go through re-structuring to allow them to get out of their ridiculous worker obligations.
They are TOO risky to short.
if they toss the UAW , then I’d consider buying.
I am still waiting.......
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