BREAKING: Ford stock below $1

Discussion in 'Stock Market' started by DavidS, Nov 19, 2008.

  1. DavidS
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    DavidS Anti-Tea Party Member

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    F: Summary for FORD MOTOR CO - Yahoo! Finance

    Ford Motor Company's stock dropped below $1.25 today and is currently at $1.29, down 23% for the day so far. CNBC said if the auto bailout doesn't pass, Ford's stock could be below $1 before Thanksgiving.
     
  2. Paulie
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    Paulie Platinum Member

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    If I had balls of steel, I'd buy Ford stock at this price.

    They're the only ones with any shred of solvency left. They have cash beyond debt, the other two don't.

    Anyone thinking of buying?
     
  3. DavidS
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    DavidS Anti-Tea Party Member

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    Down to $1.26 today.

    I just called some old friends at a Ford dealership I worked at 5 years ago. They're shitting in their pants. If Ford goes under, they go under.
     
  4. glockmail
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    glockmail BANNED

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    Huge buying opportunity.
     
  5. NOBama
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    NOBama Senior Member

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    I added to a small F position I hold today. I'm either going to lose it all or the grandkiddies will be happy some day.
     
  6. glockmail
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    They're doing great in Europe, and still own quite a few other makes, as well as large percentages of others as well.
     
  7. Paulie
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    Paulie Platinum Member

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    This alone will not keep them in business though. If they don't get their act together here in the states and become a viable competitor, they will be gone.

    It's not necessarily a huge buying opportunity, it is a VERY volatile stock right now. Maybe worth the risk if you have it to lose, but I certainly wouldn't be betting my retirement on it.
     
  8. dilloduck
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    dilloduck Diamond Member

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    It's fun realizing that our economy is dependent on gamblers.
    Remember--the house always wins ! :lol:
     
  9. PoliticalChic
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    PoliticalChic Diamond Member

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    I know this is a real gamble, but anybody putting spare cash into Ford? I think once they figure out the bailout, it will skyrocket. I'm not giving advice, just speculating.
     
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    HOW DARE YOU!!!! :lol:
     
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