theoldwizard Posted January 4, 2008 Share Posted January 4, 2008 6.13 Previous record close was Jul 20, 2006 at 6.19 How many think it will drop into the 5's ? Quote Link to comment Share on other sites More sharing options...
Fordowner Posted January 4, 2008 Share Posted January 4, 2008 (edited) Since the 5's are only 13 cents away then its certainly possible. I don't think Ford is going out of business this year, and once we get through this year things will get better for the economy and for Ford's product line. That's why I bought Ford shares today at $6.17. It might go into the 5's but I'm fairly certain within 12 months it will be above $8.00. Edited January 4, 2008 by Fordowner Quote Link to comment Share on other sites More sharing options...
Topgun Posted January 4, 2008 Share Posted January 4, 2008 6.13 Previous record close was Jul 20, 2006 at 6.19 How many think it will drop into the 5's ? 5's ??? try 3's Quote Link to comment Share on other sites More sharing options...
Explorer4X4 Posted January 4, 2008 Share Posted January 4, 2008 I'll repeat what I've said countless times before. It will get worse before it gets better, but it will get better. Quote Link to comment Share on other sites More sharing options...
TStag Posted January 4, 2008 Share Posted January 4, 2008 TATA is up 2 cents today as the stock market reacts favourably to the likely purchase of JLR. Analysts are calling it a "bargain". Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted January 4, 2008 Share Posted January 4, 2008 TATA is up 2 cents today as the stock market reacts favourably to the likely purchase of JLR. Analysts are calling it a "bargain". I hope your joking. Quote Link to comment Share on other sites More sharing options...
P71_CrownVic Posted January 4, 2008 Share Posted January 4, 2008 I hope your joking. The XF has quiet a few orders already... Quote Link to comment Share on other sites More sharing options...
Local1111 Posted January 4, 2008 Share Posted January 4, 2008 6.13 Previous record close was Jul 20, 2006 at 6.19 How many think it will drop into the 5's ? Edit your header, because that wasn't the record, check what it closed at the next day. I happpen to know, I took a 225K loss. Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted January 4, 2008 Share Posted January 4, 2008 The XF has quiet a few orders already... Thats not what I was talking about. I was talking about the 2 cent stock rise being a favourable reaction. Quote Link to comment Share on other sites More sharing options...
P71_CrownVic Posted January 4, 2008 Share Posted January 4, 2008 Thats not what I was talking about. I was talking about the 2 cent stock rise being a favourable reaction. Ah... Quote Link to comment Share on other sites More sharing options...
jpd80 Posted January 4, 2008 Share Posted January 4, 2008 So why is Ford trading lower, are investors giving up on Ford and qutting the stock? Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted January 4, 2008 Share Posted January 4, 2008 So why is Ford trading lower, are investors giving up on Ford and qutting the stock? Its not just Ford. GM is also dropping quickly. Quote Link to comment Share on other sites More sharing options...
Former Ford ZM Posted January 4, 2008 Share Posted January 4, 2008 Wall street abandoned F long ago. As for record low, wasn't this stock like a buck back in the 80s?? Quote Link to comment Share on other sites More sharing options...
Deanh Posted January 4, 2008 Share Posted January 4, 2008 (edited) The XF has quiet a few orders already... quite P...not quiet.....and they don't actually own Jag yet, just frontrunners....looks like the writing is on the wall though.... Edited January 4, 2008 by Deanh Quote Link to comment Share on other sites More sharing options...
TStag Posted January 4, 2008 Share Posted January 4, 2008 (edited) Thats not what I was talking about. I was talking about the 2 cent stock rise being a favourable reaction. I'm not joking, google it for yourself (think Reuters reported it). Apparantly the LRX, XF and XJ are being seen as smash hits for both companies. 2 cent's is a big rise, when JLR will be a small part of TATA (they paid over $12 billion for Corus). These 3 models are highly significant for JLR and it will in my opinion and the opinion of city traders put JLR back on the map. The LRX (an SUV the size of the MINI) will aim to sell 40,000 units a year at a wopping $70,000 starting price. If Porsche can buy VW because of the stupid 4x4 it makes then can you say these analysts are wrong? Anyway I wasn't looking for an arguement, which I'll no doubt now get. I was just saying that as Ford's share price looks set to fall TATA's rises. And in actual fact I think I'm right in saying Ford's share price fell when the possible sale was announced. Just an observation. Edited January 4, 2008 by TStag Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted January 4, 2008 Share Posted January 4, 2008 I'm not joking, google it for yourself (think Reuters reported it). Apparantly the LRX, XF and XJ are being seen as smash hits for both companies. 2 cent's is a big rise, when JLR will be a small part of TATA (they paid over $12 billion for Corus). These 3 models are highly significant for JLR and it will in my opinion and the opinion of city traders put JLR back on the map. The LRX (an SUV the size of the MINI) will aim to sell 40,000 units a year at a wopping $70,000 starting price. If Porsche can buy VW because of the stupid 4x4 it makes then can you say these analysts are wrong? Anyway I wasn't looking for an arguement, which I'll no doubt now get. I was just saying that as Ford's share price looks set to fall TATA's rises. And in actual fact I think I'm right in saying Ford's share price fell when the possible sale was announced. Just an observation. Tata motors was down 33 cents for the day..... Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted January 4, 2008 Share Posted January 4, 2008 The XF has quiet a few orders already... So did the XK prior to its launch if you'll recall. We see how that one's doing these days. Quote Link to comment Share on other sites More sharing options...
focus05 Posted January 4, 2008 Share Posted January 4, 2008 Investors are not reacting to the JLR decision. They are reacting to economic conditions that they believe are extremely challenging for Ford. Again, I think analysts are being a bit negative. I'm pretty confident that Q4 results will come in stronger than the stock price indicates, that 2008 won't be nearly the $1.50-$2.00 loss per share that some are now claiming and that Ford's prospects for a profitable 2009 are not nearly as far off as some believe. JLR is not a steal for Tata. It is currently valued at $1.5 billion. The XF alone probably boosts that to $2 billion. However, that does not include the debt that Tata will take with it (over $5 billion). Tata's short term prospects certainly look good with the brands because of Ford's investment, but they could end up costing Tata dearly - just as they have cost Ford. There was a more important mental barrier crossed yesterday - and that was Toyota becoming the No. 2 auto company in the U.S. That is what is creating that extra pressure on Ford right now, I believe. Most of this hangover, however, will be gone when fiscal year results are announced. Quote Link to comment Share on other sites More sharing options...
theoldwizard Posted January 5, 2008 Author Share Posted January 5, 2008 Edit your header, because that wasn't the record, check what it closed at the next day. I happpen to know, I took a 225K loss. I won't disagree with you, but Yahoo Finance say F closed at 6.19 on Jul 20, 2006 Quote Link to comment Share on other sites More sharing options...
Explorer4X4 Posted January 5, 2008 Share Posted January 5, 2008 Wall street abandoned F long ago.As for record low, wasn't this stock like a buck back in the 80s?? Probably. Most of you forget, Ford's been in far worse trouble before. Specifically the late 1970's and early 1980's, before Ford's modern, aerodynamic models (Taurus, Tempo, Escort) replace those pointless eight cylinder boats (LTD, Fairmont, Pinto). Quote Link to comment Share on other sites More sharing options...
silvrsvt Posted January 5, 2008 Share Posted January 5, 2008 So why is Ford trading lower, are investors giving up on Ford and qutting the stock? Well the economy looks like its going to slide a bit more in 08...there was a higher jobless report for this past month and the whole mortgage mess is still shaking out here. Quote Link to comment Share on other sites More sharing options...
Sixt9coug Posted January 5, 2008 Share Posted January 5, 2008 the economy as a whole is a mess. Recession anyone? Id buy Ford stock if i wasnt so cheap. Itll get back up to $9 again this year i believe. id be all up for a 50% gain. Quote Link to comment Share on other sites More sharing options...
FLLMTR Posted January 5, 2008 Share Posted January 5, 2008 The stock is sliding along with the rest of the market because oil prices hit $100/barrel due to colder than expected winter weather and instability in Africa's oil supply. I still am baffled as to why crude has touched $100 though. We've seen these conditions before in years past and oil wasn't any where near what it is now. It is completely insane. At this price, gas will hit $3.50-4.00 in two to four weeks. If this doesn't kick people in the wallet, then I don't know what will. I wish Ford would have spent some engineering time increasing fuel efficiency in its fleet. While the Edge is selling well, it would have sold more if it lost a few hundred pounds and got 26 miles to the gallon instead of 24. Ford keeps rolling on SUV's and missing the boat on sporty fuel efficient cars, hence the slip to the #3 automaker in the U.S. Quote Link to comment Share on other sites More sharing options...
Local1111 Posted January 5, 2008 Share Posted January 5, 2008 I won't disagree with you, but Yahoo Finance say F closed at 6.19 on Jul 20, 2006 I don't know why their reporting it this way either, BUT it hit $6.06 the NEXT day, the 21th. The stock is sliding along with the rest of the market because oil prices hit $100/barrel due to colder than expected winter weather and instability in Africa's oil supply. I still am baffled as to why crude has touched $100 though. http://news.yahoo.com/s/afp/20080104/ts_al...oilpriceoffbeat It hit $100 because ONE (1) person wanted to make a name for himself. That's all it takes anymore, just 1 a$$hole to make major news,, just one 'expert' journalist can write a story and everyone else runs with it, without doing real work checking a story out. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted January 5, 2008 Share Posted January 5, 2008 The XF has quiet a few orders already... Isn't it sold out for 7 months w/ 7000 pre orders or something like that? Quote Link to comment Share on other sites More sharing options...
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