J
Jon
Guest
People say Ford Industries are about to skyrocket and i want to know if i should take "People's" advice... I'd like some reason.
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C
caaaad
Guest
I bought it at about 22 several years ago. So much for buy and hold. Schwab has it rated a B which is good. They don't need bailout money and the economy is so bad they can't allow them to fail. However, I would look at a chart and wait for a breakout before i bought. My gut says they aren't going anywhere for a while so leave your money in cash instead of high risk dead money. The break out is key
B
BRAD
Guest
I actually got stuck in f about a month and a half ago. i only got in as a trade with a large amount of shares and had to average down a few times over two weeks. F's a trade, not really an investment. I'd wait for a little pullback to a little above 2 and look to enter as a trade.
Ford is not and will never skyrocket. There's a ton of short interest and bad news out all over the auto industry.
Ford is not and will never skyrocket. There's a ton of short interest and bad news out all over the auto industry.
I
InspectorBudget
Guest
As long as the economy is bad, and folks fear losing their jobs and homes, they are NOT going to buy a car.
And even for those who are in the fortunate position of doing so, most may decide to buy a Honda, Toyota or other make. Don't forget that even Honda & Toyota are now giving out incentives.
As long as people are not buying Ford cars, all the bailout money accomplishes is a few more months of operation - then bust, when all the money is in the pockets of the union members, & execs.
I do not think Ford will survive too much longer. I hope I'm wrong, because I'd hate to see an American icon die.
And even for those who are in the fortunate position of doing so, most may decide to buy a Honda, Toyota or other make. Don't forget that even Honda & Toyota are now giving out incentives.
As long as people are not buying Ford cars, all the bailout money accomplishes is a few more months of operation - then bust, when all the money is in the pockets of the union members, & execs.
I do not think Ford will survive too much longer. I hope I'm wrong, because I'd hate to see an American icon die.