It would be hard to believe that Ford will go back down to the $1.50-$2.00 range. Be aware that Ford made an operating loss last quarter. They only made money by the issuance of new shares. From operations, it is still a negative and this is where it is most important.
I think Ford along with a bunch of other stocks are riding the wave with no performance to show. Just because Goldman Sachs made money does not mean everyone else is. Yesterday announcement was grim in my opinion. Metlife, Sprint & Eastman Kodak all lost money. These are marquee companies by the way.
I pulled out of Ford a long time back because I bought in at $2. I am convince Ford is making waves with new product down the pipeline & they have excellent engineering but at this price, I am just an admirer looking in.
