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Old 02-23-2009, 09:56 AM
 
Location: MI
1,069 posts, read 3,200,556 times
Reputation: 582

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$1.58 a couple days ago, were talking Ford Motor Co., that's insane. Heck for the price of a extravagant nite out for a family of 4, you could have a 100 shares. What happens if GM does go under, it can only help Ford. The full size 09 pickup gets the same milage as my small Ranger. Don't know much about the market but I don't see how one could go wrong buying now.
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Old 02-23-2009, 10:50 AM
 
24,832 posts, read 37,362,970 times
Reputation: 11539
Quote:
Originally Posted by xlabel View Post
$1.58 a couple days ago, were talking Ford Motor Co., that's insane. Heck for the price of a extravagant nite out for a family of 4, you could have a 100 shares. What happens if GM does go under, it can only help Ford. The full size 09 pickup gets the same milage as my small Ranger. Don't know much about the market but I don't see how one could go wrong buying now.
I own some Ford stock. I am MAD at the government. The competition was down and out. Then the government helped them.
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Old 02-23-2009, 02:04 PM
 
866 posts, read 4,259,454 times
Reputation: 285
Quote:
Originally Posted by xlabel View Post
$1.58 a couple days ago, were talking Ford Motor Co., that's insane. Heck for the price of a extravagant nite out for a family of 4, you could have a 100 shares. What happens if GM does go under, it can only help Ford. The full size 09 pickup gets the same milage as my small Ranger. Don't know much about the market but I don't see how one could go wrong buying now.
If GM or Chrysler were to go into bankruptcy it would hurt Ford. Ford could not compete with comapnies (GM, Chrysler) with no UAW, bankruptcy benefits, etc.

If GM, goes into bankruptcy, it would drag Ford with it.
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Old 02-23-2009, 04:23 PM
 
Location: Whoville....
25,386 posts, read 35,560,806 times
Reputation: 14692
Quote:
Originally Posted by xlabel View Post
$1.58 a couple days ago, were talking Ford Motor Co., that's insane. Heck for the price of a extravagant nite out for a family of 4, you could have a 100 shares. What happens if GM does go under, it can only help Ford. The full size 09 pickup gets the same milage as my small Ranger. Don't know much about the market but I don't see how one could go wrong buying now.
Just don't buy more than you can afford to lose. You're either going to make a ton or lose it all. I'll buy some but not a lot. I figure it's a, fairly, safe bet that I'll make a good return over the next 10 years but the money could be tied up for a while and there is the, very real, risk of losing it all.

I am so jealous of my best friend. She got ticked off at Ford when her plant was sold and sold all of the Ford stock in her 401 K (and it was all Ford stock) right at the top. I should have gotten mad like that,
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Old 02-25-2009, 05:31 PM
 
447 posts, read 1,246,399 times
Reputation: 226
But we're not talking about selling it back then, but buying it now. At a buck-fifty, you can't go wrong.
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Old 02-25-2009, 05:49 PM
 
Location: West Michigan
12,083 posts, read 38,873,215 times
Reputation: 17006
Not a buck-fifty though. It is at $2.01 at close today. Yea, Ford is on my buy list right now. Not a lot, I never buy more than I can lose if it turns sour, but enough that it is nice if there are long term gains. Ford as well as a couple of other Michigan Companies are on my platter for the very near future.
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Old 02-26-2009, 06:30 PM
 
Location: FL
1,138 posts, read 3,350,240 times
Reputation: 792
Hear that if the VEBA's pass it will help save the company. Then stock will stabilize and grow, may be a good time to buy!
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