Let's save Ford - Who's in?
#1
Let's save Ford - Who's in?
The GreenHybrid.com bailout package:
Tommorrow at the opening bell I will buy $1000 of Ford Stock at the opening price. The closing price yesterday was $1.84 close to it's all time low from not too long ago.
It's a gamble and I don't recommend you do it unless you have $1000 to play with, BUT I really don't think the Government will not bailout Ford and keep them afloat at least for some time. The fundamentals are shot but what I'm counting on is the Government money keeping them afloat at least until the economy picks up. I will probably hold it until I make between $5000-$10,000 or until the company goes bankrupt, but I'm counting on that not happening. If it does, oh well.
So, who's in?
super
Tommorrow at the opening bell I will buy $1000 of Ford Stock at the opening price. The closing price yesterday was $1.84 close to it's all time low from not too long ago.
It's a gamble and I don't recommend you do it unless you have $1000 to play with, BUT I really don't think the Government will not bailout Ford and keep them afloat at least for some time. The fundamentals are shot but what I'm counting on is the Government money keeping them afloat at least until the economy picks up. I will probably hold it until I make between $5000-$10,000 or until the company goes bankrupt, but I'm counting on that not happening. If it does, oh well.
So, who's in?
super
#3
Re: Let's save Ford - Who's in?
You are the smart one. I bought $5k at $5.
I can't think of another stock that has the upside potential that "F" does. The recovery will occur just a quickly as the downturn did. In three years it could be as high as $15 a share.
I can't think of another stock that has the upside potential that "F" does. The recovery will occur just a quickly as the downturn did. In three years it could be as high as $15 a share.
#5
Re: Let's save Ford - Who's in?
If I had the $ I might, but I don't. I understand we helped Ford lose when we purchased our FEH, I hear somewhere, Ford sells tham at a loss to start with.
As for other Stock potential, check out LUV ! An airline still making profits, and announced 2 international code-shares to start in 09 & 10.
(Plus my wife & I would love to keep our jobs, not that we have a new FEH & House!)
As for other Stock potential, check out LUV ! An airline still making profits, and announced 2 international code-shares to start in 09 & 10.
(Plus my wife & I would love to keep our jobs, not that we have a new FEH & House!)
#7
Re: Let's save Ford - Who's in?
I do think that Ford has decent potential upside, but I'm not bullish enough to put in money. The bottom line is that even if the government bails out the big three, the majority of Americans are finished with American cars. Even if they came out with a car that could beat the Japanese makers on every level (like the Mondeo or Euro Focus), it is not going to change the minds of people in this country who preceive the domestics to be lacking in quality.
#8
Re: Let's save Ford - Who's in?
The latest editon of the My Ford magazine I get, it showcased a few of the 09 or 10 vehicles Ford is bringing into the US market from abrod (Europen mostly) I don't recall what models were mentioned, and it was 1/2, the other 1/2 will be in next months edition. One I thing was a Focus and it advertise an insaine mpg #, like 68, or 86, or something way out there! 58?? I know it makes the Escape look like an Excursion in the mpg #'s.
#9
Re: Let's save Ford - Who's in?
That was the European Focus with a diesel engine. No, this engine can not presently pass emission laws in this country. The other issue, is EU fuel economy testing is performed in a different (easier) manner than the EPA does here in this country. Thus, higher mileage rating for European vehicles. A goggle search on this subject will reveal the difference.
#10
Re: Let's save Ford - Who's in?
I already gave Ford $34k, that should more than cover my share.
RE: GM, they don't get it. I supported them for 10 years before changing to Toyota due to QC problems. Now that Ford's quality is as good as Toyota, I gave them a chance.
For all the spending I've been doing in the last 6 months, if this country goes under, it's not due to my actions.
RE: GM, they don't get it. I supported them for 10 years before changing to Toyota due to QC problems. Now that Ford's quality is as good as Toyota, I gave them a chance.
For all the spending I've been doing in the last 6 months, if this country goes under, it's not due to my actions.
Last edited by colchiro; 11-13-2008 at 03:36 PM.