Dayshift Posted March 13, 2020 Share Posted March 13, 2020 (edited) With the economy slowing, Coronavirus / Covid19 on the rampage and gas prices under $2 a gallon, how are EV sales looking and how low can the stock price go. On Thursday 3/12/2020 Ford stock closed at $5.35 a share. What will it take to turn the company around? Edited March 13, 2020 by Dayshift Quote Link to comment Share on other sites More sharing options...
Q-bert Posted March 13, 2020 Share Posted March 13, 2020 7 minutes ago, Dayshift said: With the economy slowing, Coronavirus / Covid19 on the rampage and gas prices under $2 a gallon, how are EV sales looking and how low can the stock price go. On Thursday 3/12/2020 Ford stock closed at $5.35 a share. What will it take to turn the company around? we are in a recession now...FYI gary cohn has said that(former advisor to donnie boy) that being said Ford is still in a good position, stock prices are just wall st feelings on ford.. they hate ford basically. EV is the future, gas prices wont stay this way. Quote Link to comment Share on other sites More sharing options...
Dayshift Posted March 13, 2020 Author Share Posted March 13, 2020 Gas prices have been under $3.00 nationally and under $2.70 in the Detroit area since 2015. Because of exploding supply, oil prices are expected to stay below $3 for years. That's good for truck and SUV sales, not so good for EV sales. At 11% you have to love the dividend on Ford stock. Quote Link to comment Share on other sites More sharing options...
Q-bert Posted March 13, 2020 Share Posted March 13, 2020 (edited) 3 minutes ago, Dayshift said: Gas prices have been under $3.00 nationally and under $2.70 in the Detroit area since 2015. Because of exploding supply, oil prices are expected to stay below $3 for years. That's good for truck and SUV sales, not so good for EV sales. At 11% you have to love the dividend on Ford stock. true, but gas prices can spike, and we know from history, just 8 years ago they can spike that being said i would buy the mach E today if it were out. Edited March 13, 2020 by Q-bert 1 Quote Link to comment Share on other sites More sharing options...
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