Ford Stock

[Capbyrd]

Ford's stock closed trading today at 11.99. When everything hit bottom, it was 1.77. I told myself I wasn't going to buy any unless it hit 1.50 and it never did. Now, I'm kicking myself.

[Guest jackdm3]

There's time. I own it long and short. But the market's feeling is bearish as a whole with strong feelings of a double dip recession. Ford not taking the gov money was the best sign. My former employer bought 1000 at 2.50. Look at her now!

[gregintenn]

I had a plan to buy GM and Ford stock when they were below $2 per share. Laziness prevented me from following through. I'd have lost on the GM stock, but the Ford stock would have made very attractive gains. Nex time I need to follow through.

[Guest GoNavy]

Same here. Watched it drop and wanted to buy....but never did

[enfield]

Rule #1 -- You can't time the market.

[gregintenn]

Rule #1 -- You can't time the market.

No you can't. You can, however, spot a good deal on a beat up stock if you see the company has the management in place to overcome the bad press they've recieved. When to sell it is another matter.

[Guest TargetShooter84]

Man, wish I had jumped on this back then...bummer

[Guest 6.8 AR]

I bought it at 2.25, sold it at 5.00 and watched it keep

going up and up.

[Guest Overtaker]

Ford just announced they are retiring the Mercury brand also.

[hardknox00001]

Ford just announced they are retiring the Mercury brand also.

No, no, no, they said that most of the Mercury drivers are retirees..........

[Capbyrd]

Ford just announced they are retiring the Mercury brand also.

They should have done this a long time ago. Mercury hasnt really had a place in the past twenty years or more.

[oldogy]

Ford just announced they are retiring the Mercury brand also.

I could never figure out what the Mercury line was anyway. It has always been since 1939, a re-badged Ford, not an improvement. It would be interesting to see just exactly what market share it actually gained Ford. Guess it made a lot of jobs for a lot of folks, the free market working. And then there was Edsel:screwy:. Yeah, I have always been partial to Ford and when they refused the bail out monies, even more so.

oldogy

[Guest Overtaker]

Mercury's sales are down 75% since 2000.

Ohh, and Mercury represents 2% of Ford Motor Company's sales.