Chipster Posted September 26, 2018 Report Share Posted September 26, 2018 I preface this question with the fact that I am the owner of two Ford vehicles (one of which is headed into the dust bin of automotive history) as well as the owner of Ford stock. (closed today @ $9.27 per share ) I am concerned about the direction that the company is headed. What say you after watching this? https://www.autoblog.com/2018/09/26/jim-hackett-metal-tariffs-ford-profits/ 1 Quote Link to comment Share on other sites More sharing options...
Chipster Posted November 9, 2018 Author Report Share Posted November 9, 2018 More not so good news: http://www.autonews.com/article/20181109/OEM/311099954/?fbclid=IwAR2Kl3oV3PJFB1pWqOAK0QEaaA6g_jBx8HIrBPac-kV0l07rKON2OwDxnGc Quote Link to comment Share on other sites More sharing options...
WWWPerfA_ZN0W Posted November 9, 2018 Report Share Posted November 9, 2018 I don't think the problem is unique to Ford. Plus you have to judge the stock market over longer periods of time for any stock, particularly large capital stocks. I will be worried if they start reducing or eliminating dividends. On a daily basis, there is enough speculation by investors and enough banks trying to make money off those speculators to cause heartstopping swings in stock/index pricing. So, basically, look at stock history, the technicals, and base your decision on that, rather than news. The news we get is way too delayed to depend on for decisions. Quote Link to comment Share on other sites More sharing options...
Chipster Posted November 9, 2018 Author Report Share Posted November 9, 2018 Stock history? I paid $14. years ago and it's been down hill ever since and sitting @ $9.42 today. The point really is that if Ford debt status goes to junk their ability to borrow / secure money becomes a much more expensive endeavor. 1 Quote Link to comment Share on other sites More sharing options...
WWWPerfA_ZN0W Posted November 9, 2018 Report Share Posted November 9, 2018 Very true. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.