If this 2 billion dollar bailout gets approved, we could be looking at $20+ Ford Stock in the next 6 months.
those of you who bought at $1... are you rolling in cash?
those of you who bought at $1... are you rolling in cash?
Should I buy some Ford Stock?
- Thread starter selvedgeseam
- Start date
yes
but if it doubles in 6 months, it's still worth it.
If they sell a million new cars by Nov, sales will slump again afterwards unless they come up with new incentives.
So far it looks like a solid investment.
but if it doubles in 6 months, it's still worth it.
If they sell a million new cars by Nov, sales will slump again afterwards unless they come up with new incentives.
So far it looks like a solid investment.
FelixDeCat
Lifer
- Aug 4, 2000
- 31,105
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Most of the easy gaines have been made, but I sure wouldnt put it all in one stock. The 3 year average for F is $7.50-8.00, the five year average is $10. It is very frothy right now being the only publicly traded car company, but I think $10 might be possible by year end. Remember however good times arent here again, so $10 might be the max if it gets there.
In the near term the stock is begging for consolidation at $7.50
In the near term the stock is begging for consolidation at $7.50
if you take the past year out of the equation, the 5 year average soars. I really think sales will significantly soar while the money is available for the program. Once the money runs out, I'm sure everyone will dump the stock.
Ford has the best shot at long-term viability. They have lots of good product coming down the pike and actually have their act together...
1 - ford stock opened higher than it closed - so if you would have bought today you would have lost money
2 - it doesn't matter what the stock did in the past, it is what it is going to do in the future
3 - there is real risk that this program pulled a bunch of 4th quarter and 1st quarter 2010 sales ahead, which means there will be a huge drop in sales over the next 6 months that could be worse than expected
4 - only buy this stock if you think the new taurus and fiesta are going to be home runs - bud i'd wait for a pull back first
edit:
5 - all of the good news is out already. the only way it will go up is if there is more good news, but there isn't any on the horizon with the exception of new product launches going off without a hitch and exceeding expectations.
FelixDeCat
Lifer
- Aug 4, 2000
- 31,105
- 2,719
- 126
Thats all well and good but Im talking about the stock, you are talking about the company. So I guess we are talking time horizen here. If you are looking for Ford at $15 or $20 you will have to go back several years and even back to the 90s for $20+.
Go ahead and buy your 20,000 at $8.33, but expect a near term pullback under $8 because it is likely. If you can stomach that and hold out for $10 (MAYBE) then more power to you.
Engineer
Elite Member
- Oct 9, 1999
- 39,230
- 701
- 126
Never put it all in one stock. I feel Ford has run well lately (from $1.03 to $8.33 in a short span). They are doing much better but are not expected to be profitable until late 2010 or early 2011 (by their own estimates).
From somebody who had his ass burnt by buying and chasing one stock (I was going to be rich, rich, rich)......and then lost his ass (actually went negative in the account because of margin - don't ever do that).
Just be careful....and good luck to you.
From somebody who had his ass burnt by buying and chasing one stock (I was going to be rich, rich, rich)......and then lost his ass (actually went negative in the account because of margin - don't ever do that).
Just be careful....and good luck to you.
SunnyD
Belgian Waffler
lol, from the uncertainty of the OP, I'm pretty sure Jan15s are the last thing he wants/needs.
OP: how much money is $20k for you? If you're as rich as the rest of ATOT, then it's just pocket change right? In that case you could go in now as a speculative move. Read up on the cash for clunkers program & develop an opinion of what its future is. I'd gander that Ford's stock price will be closely tied to that program for some time (i.e. if it gets terminated b/c Obama can't find more funding, expect the price to drop.)
If you're into the speculative thing, there's a lot of hot shit going down in the biotech industry at the moment. If you're investing for the long run, $8 for ford is probably a good price. Maybe you can get better by waiting (but if this is the long run, that's irrelevant). Also consider mutual funds and other 'stable' companies like GE, JNJ, PG, IBM, KFT just to name a few.
It's only good if you are ok with 25% over 5-6 years.
There are plenty of better buys right now.
There are plenty of better buys right now.
Why? If he really thinks it'll turn into a $20 stock. don't throw $20K into it. Throw $1000 into some calls, take the risk, and see if it happens.
I've been there, more during the dot com era, though.
The small amount I put into Ford doesn't nearly begin to recoup my 401k losses.
I know not to long ago when for stock was $1 a dealership around here gave $1000 in Ford stock on top of rebates ect.
FelixDeCat
Lifer
- Aug 4, 2000
- 31,105
- 2,719
- 126
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