FAQ |
Members List |
Social Groups |
Calendar |
Search |
Today's Posts |
|
THE LOBBY A gathering place. Introductions, sports, showin' off your ride, birthday-anniversary-milestone, achievements, family oriented humor. |
Reply |
|
Thread Tools | Display Modes |
#1
|
||||
|
||||
Ford motor co (F) what’s going on ?
Ford Motor companies stock has dropped noticeably ; anyone know what’s going on ??
Bought some stock at 10.47 but I’m wondering.
__________________
Two 1975 455 Grandvilles & '79 455 Trans Am ‘69 Camaro SS 396/375 (owned since ‘88) ‘22 Toyota Sequoia V8 ‘23 Lexus LS500 awd ‘95 Ford F-super duty 4wd 7.3 p-stroke & countless Jeeps & off road vehicles. |
#2
|
||||
|
||||
I'll speculate the aluminum and steel situation is the cause.
|
#3
|
||||
|
||||
Last month they had a bad earnings report.
Then the 'tariffs' came about. Auto stocks and parts will probably all not be a good investment right now?
__________________
John Wallace - johnta1 Pontiac Power RULES !!! www.wallaceracing.com Winner of Top Class at Pontiac Nationals, 2004 Cordova Winner of Quick 16 At Ames 2004 Pontiac Tripower Nats KRE's MR-1 - 1st 5 second Pontiac block ever! "Every man has a right to his own opinion, but no man has a right to be wrong in his facts." "People demand freedom of speech to make up for the freedom of thought which they avoid." – Socrates |
#4
|
||||
|
||||
This would not have helped.
https://www.autoevolution.com/news/f...or-123730.html |
#5
|
||||
|
||||
Dropped noticeably? Time to buy!
__________________
be a simple...kinda man. |
#6
|
||||
|
||||
Quote:
But Ford stock hasn't been doing well for years. Five years ago it was trading at $13.45. It had a good run from March of '13 until the middle of '15. In July of '14 it was trading at $17.72. But it's been mostly down hill for the last 3 years. Quote:
|
#7
|
||||
|
||||
Definitely been in a long-term downtrend, but looks like it's showing a short term double bottom just above $10.00. That's a possible sign of bottoming out. It certainly has taken a beating lately.
I'm not sure how many shares you own, but if you like the stock and don't mind holding it, I would rent it out to make some cashflow while you wait for it to make up its mind which way it's going. April 20 $11.00 Calls (0.35 delta) would have paid $0.18 yesterday. That's a decent ROI. Selling Covered Calls is one of favorite monthly cashflow strategies in the market.
__________________
Eric "Todd" Mitten '74 Bonneville 4dr Sedan (455/TH400/2.93 open) '72 LeMans GT (455/M-13/3.23 [8.5"] posi) '71 GTO Hardtop (400/TH400/3.07 12 bolt posi) ‘71 GTO Convertible (455HO/TH400/3.23 posi) '67 GTO Coupe (455/ST-10/2.93 posi) '67 Tempest Wagon (428/TH400/2.56 posi) Deuteronomy 8:3 |
#8
|
|||
|
|||
My ,thoughts.Are they going to go away?I doubt it.Not far from their 52 week low.I might jump in for a little as at the range it pays more than a 5% div.Only rub is how long they can continue the div.Tom
|
#9
|
||||
|
||||
Kenny Knows....
"You got to know when to hold 'em, know when to fold 'em, Know when to walk away, know when to run."
https://www.youtube.com/watch?v=6X7Sx62plCw
__________________
Gary Get in, ShuT Up, Hang On! Member of the Baltimore Built Brotherhood MY GTO built 4th Week of March 1966 "Crusin' Is Not A Crime" Keep yer stick on the ice. |
#10
|
|||
|
|||
Trade ya for my GE
__________________
"At no time did we exceed 175 mph.” Dan Gurney's truthful response to his and Brock Yate's winning of the first ever Cannonball Baker Sea-to-Shining Sea... Still have my 1st Firebird 7th Firebird 57 Starchief |
#11
|
||||
|
||||
__________________
Two 1975 455 Grandvilles & '79 455 Trans Am ‘69 Camaro SS 396/375 (owned since ‘88) ‘22 Toyota Sequoia V8 ‘23 Lexus LS500 awd ‘95 Ford F-super duty 4wd 7.3 p-stroke & countless Jeeps & off road vehicles. |
#12
|
||||
|
||||
Quote:
__________________
Two 1975 455 Grandvilles & '79 455 Trans Am ‘69 Camaro SS 396/375 (owned since ‘88) ‘22 Toyota Sequoia V8 ‘23 Lexus LS500 awd ‘95 Ford F-super duty 4wd 7.3 p-stroke & countless Jeeps & off road vehicles. |
#13
|
||||
|
||||
Quote:
Quote:
__________________
Two 1975 455 Grandvilles & '79 455 Trans Am ‘69 Camaro SS 396/375 (owned since ‘88) ‘22 Toyota Sequoia V8 ‘23 Lexus LS500 awd ‘95 Ford F-super duty 4wd 7.3 p-stroke & countless Jeeps & off road vehicles. |
#14
|
||||
|
||||
I bought 2,000 shares at $1.65 when the market tanked a few years ago. Been a nice investment. Had hopes it would hit $20 back then. Still hoping....
__________________
65 Lemans Street Car - 521, T400, 3.70 9". 10.13 @ 135. 3770 lbs. Drag Week ‘14, ‘15, ‘17 63 Lemans Race Car- 8.81 @ 151, 5.60 @ 123(SOLD) 67 Bonneville ragtop 74 Firebird - 455, e heads, TK0600 in process |
#15
|
||||
|
||||
If you bought amazon back then it would be worth about 5 times more now. (or more)
__________________
John Wallace - johnta1 Pontiac Power RULES !!! www.wallaceracing.com Winner of Top Class at Pontiac Nationals, 2004 Cordova Winner of Quick 16 At Ames 2004 Pontiac Tripower Nats KRE's MR-1 - 1st 5 second Pontiac block ever! "Every man has a right to his own opinion, but no man has a right to be wrong in his facts." "People demand freedom of speech to make up for the freedom of thought which they avoid." – Socrates |
#16
|
||||
|
||||
I'm in that same boat. Looked good for years............
__________________
be a simple...kinda man. |
#17
|
||||
|
||||
Quote:
Ford closed at $10.29 Thursday March first and was $10.73 at close on last Friday - trading higher after the tariffs were announced. From my linked article - one of the reasons that makes the author negative on Ford is the fact that Ford is so far behind in electric car technology. GM is light years ahead of Ford in the electric car market. I personally have no interest in an electric car, but realize that it is a growth market for many urban markets. Quote:
Tesla's top seller was the Model S with over 27,000 GM's Bolt sold over 23,000 Toyota's Prius Prime sold nearly 21,000 Nissan's Leaf sold over 11,000 Bottom line, while Tesla, GM and Toyota are consistently selling plugins by the 1,000's, Ford is selling them by the 100's. The article is strictly about Ford - that's why GM and Chrysler aren't specifally mentioned in it. But the reference to other auto makers was made: Quote:
|
#18
|
||||
|
||||
Quote:
I don’t even know anyone at work or have any friends with an electric car , although one new guy had a Leaf and it did run out of juice on him a few times em route the work in the hood before he wised up and bought a gasser, so I thought it was utterly useless.
__________________
Two 1975 455 Grandvilles & '79 455 Trans Am ‘69 Camaro SS 396/375 (owned since ‘88) ‘22 Toyota Sequoia V8 ‘23 Lexus LS500 awd ‘95 Ford F-super duty 4wd 7.3 p-stroke & countless Jeeps & off road vehicles. Last edited by 455Grandville; 03-11-2018 at 11:17 AM. |
#19
|
||||
|
||||
Quote:
But for those living in the highly populated coastal areas (east and west), they are increasingly popular. Whether we like them or not, for many the electric vehicle is the future. Do you remember the Chevy Volt thread from several years ago? Many folks were making fun of the sales numbers back in 2011 when Chevy was selling 100's of them per month (7,671 for the year). Funny thing - starting in 2012 they were selling 1,000's of them (23,741). Chevy sold over 20,000 Volts last year - and the Volt has been superceded by the Bolt as the top seller - with 23,297 in 2017 (in December they sold 3,227 Bolts). As to the profitability of trucks, SUV's and crossovers - Ford's domestic sales in 2018 for these vehicles are down 4.1% for the year whereas GM is up by 3.2%. Overall, Ford sales are down by 6..6% and their market share has gone down from 15.3 to 14.4. http://www.wsj.com/mdc/public/page/2...autosales.html The respective earnings and projections for Ford and GM are polar opposites: Quote:
|
#20
|
||||
|
||||
Electric cars get real popular when gas prices get to $3.50+ a gallon. But with prices in the mid $2.00 range, most people don't care. They forget all about them.
__________________
be a simple...kinda man. |
Reply |
|
|