jpd80 Posted January 14, 2011 Share Posted January 14, 2011 (edited) Hey guys just thought you'd like to know Ford's stock price went over $18.68 and pushed the market Cap over $70 Billion. With Ford surging in a slowly recovering market, that market Cap will move even higher and the dedication to continued reductions in debt coupled with modest profits all bodes well, I wonder if we could see $25 to $27 by the end of the year, that would put market cap at close to $100 Billion.... Edited January 14, 2011 by jpd80 Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted January 14, 2011 Share Posted January 14, 2011 Why didn't I buy this when it was under $2? Quote Link to comment Share on other sites More sharing options...
fordmantpw Posted January 14, 2011 Share Posted January 14, 2011 Why didn't I buy this when it was under $2? I bought most of mine around $4. But looking back, had I sunk every dime I had in it when it hit $0.92, I could be about ready to retire, at the ripe old age of 34! But, with 3 kids to feed, and the economy in the crapper, I didn't think that would be a prudent move at the time. Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted January 14, 2011 Share Posted January 14, 2011 (edited) I bought most of mine around $4. But looking back, had I sunk every dime I had in it when it hit $0.92, I could be about ready to retire, at the ripe old age of 34! But, with 3 kids to feed, and the economy in the crapper, I didn't think that would be a prudent move at the time. Yeah, was definitely risky. Hindsight is 20/20. Even though I was pretty confident in Ford's ability to turn it around, it was a pretty scary time for the auto industry and the economy as a whole. I should have at least threw in a few hundred bucks. Would have made a nice down payment on my Edge. :lol: Edited January 14, 2011 by NickF1011 Quote Link to comment Share on other sites More sharing options...
fordmantpw Posted January 14, 2011 Share Posted January 14, 2011 Yeah, was definitely risky. Hindsight is 20/20. Even though I was pretty confident in Ford's ability to turn it around, it was a pretty scary time for the auto industry and the economy as a whole. I should have at least threw in a few hundred bucks. Would have made a nice down payment on my Edge. :lol: Yeah, it was pretty risky. I actually bought some on the way down, so my $4 stock was worth next to nothing. I was a bit nervous, and my wife was ticked! Now, she says "buy more!" and so I did at around 16.50, with her money this time! Even better for us, is that I bought ours with money in our ROTH IRAs, so the gains are tax free! But I have to wait 25 more years to withdraw it! Quote Link to comment Share on other sites More sharing options...
mrbowler92 Posted January 14, 2011 Share Posted January 14, 2011 Why didn't I buy this when it was under $2? Yeah....I'm 18 I wanted to have my dad invest into the company HE WORKS FOR! Did he do it?! No. I could be sittin on something nice. He is saying sorry to this day. Quote Link to comment Share on other sites More sharing options...
mustang84isu Posted January 14, 2011 Share Posted January 14, 2011 I bought most of mine around $4. But looking back, had I sunk every dime I had in it when it hit $0.92, I could be about ready to retire, at the ripe old age of 34! But, with 3 kids to feed, and the economy in the crapper, I didn't think that would be a prudent move at the time. I bought a big chunk at $1.40, but I was too nervous at the time to buy any more, so I'm averaged at around $3. Had I bought all that I could have at that price, a 5.0 Mustang paid in cash could be sitting in my garage right now... I'm crossing my fingers for dividends and possibly a split somewhere down the road. Quote Link to comment Share on other sites More sharing options...
blazerdude20 Posted January 15, 2011 Share Posted January 15, 2011 i feel you guys. when i turned 18 i had $2000 that i was going to use for ford stock when it got down to about a $1.50. my dad advised me not to risk my money because of the economy. instead of having a down payment for a house i bought some car parts. lol. Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted January 15, 2011 Share Posted January 15, 2011 Why didn't I buy this when it was under $2? I know..... Quote Link to comment Share on other sites More sharing options...
LarryQW Posted January 15, 2011 Share Posted January 15, 2011 (edited) I just happened to be looking for a new car for my large family with tall teens a few years ago. In the process, I got intrigued by the Ford and Mulally story, and read quite a bit. I saw how much Ford had changed for the better and turning around quickly. Nevertheless Ford's stock was being unfairly punished with the big three in the bailout mess. Everything I read indicated Ford was a super deal. About a year before, I worried about the housing bubble with overpriced homes, and potential crash it might cause. So I'd pulled all my retirement money into cash about when the Dow had peaked at 14,000. So I was all in cash and looking for something to do with it. So not only did I end up buying a Taurus X, I also put over half my retirement into Ford at an average of just under $3. I put in a lot at $4, lost half of it when it went to $2, so I put in a lot more. I lost half of again when it went to near $1. Would have put in yet more but I was over 60% of my retirement already. I worried greatly if I was making a big mistake because a loss would have been devastating as I'm not too far from retirement. But I held confident in Ford and Mulally. The news stories say $100K at the bottom would now be worth $1.8M. I didn't do quite that good, as I kept selling off on the way up to keep Ford less than 60% of my portfolio. I still own a lot of Ford. It's nice to see my account showing a 1200% gain on a huge chunk of my tax-free 401K. Edit: The best part is that I kept telling all my Toyota-loving coworkers what I was going to do, and why Ford was so great. They thought I'd gone nuts. Now they say nothing. Edited January 15, 2011 by LarryQW Quote Link to comment Share on other sites More sharing options...
Noah Harbinger Posted January 15, 2011 Share Posted January 15, 2011 I figured the republicans in congress were going to find a way to block or neuter any attempts to bail out GM/Chrysler, setting off the auto industry collapse feared by so many. If there's one thing we've seen over and over, it's the GOP selling out America's interest for their campaign talking points. Who knows, maybe they let the bailouts go through so they could scream "socialist" every 10 minutes.... 1 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted January 15, 2011 Author Share Posted January 15, 2011 GM...Unexplained Bankruptcy Toyota...Unexplained Acceleration Ford.....Unexplained profit.......One Ford . Quote Link to comment Share on other sites More sharing options...
630land Posted January 15, 2011 Share Posted January 15, 2011 (edited) Well, take that the [] s who said 'Fusion would bomb', 08 Focus redo would flop, and Ford will die since they are cutting Panthers. :happy feet: Edited January 15, 2011 by 630land Quote Link to comment Share on other sites More sharing options...
jpd80 Posted January 15, 2011 Author Share Posted January 15, 2011 Well, take that the [] s who said 'Fusion would bomb', 08 Focus redo would flop, and Ford will die since they are cutting Panthers. :happy feet: Ford is making profit everywhere, all new vehicles are loaded with features people want to buy, One Ford is a reality, every division is working together as one cohesive company. Quote Link to comment Share on other sites More sharing options...
soupy Posted January 16, 2011 Share Posted January 16, 2011 Ford is making profit everywhere, all new vehicles are loaded with features people want to buy, One Ford is a reality, every division is working together as one cohesive company. After the auto-show Ford will post 4th quarter results. I expect F to surprise again. Soon afterward F will anounce net-cash-positive. Soon after that F will regain investment grade rating. 20/share by the end of January! (maybe) Full year earnings for 2010 will be fabulous. Market share and profits for 2011 will be even better. Many are predicting the US sales will increase by 1millon. F will get more than their share of that. Why not 25 too 27 by the end of year? 4dollar per gallon gas might stop overall recovery for fragile recovery? Might a dividend payment increase share value? Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted January 17, 2011 Share Posted January 17, 2011 I figured the republicans in congress were going to find a way to block or neuter any attempts to bail out GM/Chrysler, setting off the auto industry collapse feared by so many. If there's one thing we've seen over and over, it's the GOP selling out America's interest for their campaign talking points. Who knows, maybe they let the bailouts go through so they could scream "socialist" every 10 minutes.... Can we keep the political banter out of the automotive-related forum areas please? It's simply unnecessary. 1 Quote Link to comment Share on other sites More sharing options...
aneekr Posted January 17, 2011 Share Posted January 17, 2011 January options on F are coming up for expiration in five days. Keep an eye on the calls with $19 and $20 strike prices. Quote Link to comment Share on other sites More sharing options...
Noah Harbinger Posted January 18, 2011 Share Posted January 18, 2011 (edited) Can we keep the political banter out of the automotive-related forum areas please? It's simply unnecessary. That wasn't some random smear - the political posturing really is what dissuaded me from investing in Ford in that $1-1.50/share range. And it was the right thing to do at the time - the debate about whether the federal government should fund a chapter 11 bankruptcy for GM, or whether to dissolve the company in chapter 7, easily could have gone either way. It would be foolish to believe that Ford stock would be distinguishable from toilet paper now had GM been liquidated in the middle of a credit crunch. I certainly understand that it's easy to cross the line from civility to blind partisanship, and I do cross that line too often. Yes, Democrats clearly enjoyed taking pot-shots at the Big 3 auto executives pleading their case for bailouts. And frankly I don't remember who specifically were the driving forces behind the chapter 11 reorganization - you could easily say that Bush deserves credit for the success, based on his executive order authorizing TARP funds. But everyone knows who has been whining about it (and using it as a campaign hobbyhorse) ever since. (Edit: Hmm I laid it on a bit thicker than I remembered... sorry ) Edited January 18, 2011 by Noah Harbinger Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted January 18, 2011 Share Posted January 18, 2011 Letting GM go Chapter 7 would have been political suicide for Republicans and Democrats. IMO, you should've read that situation differently. Quote Link to comment Share on other sites More sharing options...
Robert00 Posted January 20, 2011 Share Posted January 20, 2011 They seem to firing on all cylinders Quote Link to comment Share on other sites More sharing options...
grbeck Posted January 20, 2011 Share Posted January 20, 2011 (edited) A majority of people opposed the bailouts at the time. What kept me from buying it was a lack of spare cash and a feeling that Ford wasn't necessarily out of the woods. Oh well, another opportunity lost. Edited January 20, 2011 by grbeck Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted January 20, 2011 Share Posted January 20, 2011 A majority of people opposed the bailouts at the time. But they would've gone ballistic if the industry had failed. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted January 20, 2011 Author Share Posted January 20, 2011 A majority of people opposed the bailouts at the time. Ford didn't. Quote Link to comment Share on other sites More sharing options...
grbeck Posted January 20, 2011 Share Posted January 20, 2011 But they would've gone ballistic if the industry had failed. I'm not so sure about that. Most people I know viewed GM and Chrysler as failed enterprises anyway. Bankruptcy would have only made it official. They simply would not even consider buying anything those companies produced, because of their spotty reputations. 1 Quote Link to comment Share on other sites More sharing options...
grbeck Posted January 20, 2011 Share Posted January 20, 2011 Ford didn't. True, but "Ford" is not synonomous with "the American public." Quote Link to comment Share on other sites More sharing options...
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