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Varchild2008 (84.01)

I pulled the trigger on.....(FORD)



April 27, 2009 – Comments (13) | RELATED TICKERS: F

Is it ok to buy Ford?  


I bought it after dumping (CRNT).  I had a small gain in CRNT and I figured that's perfectly fine with me.  I understand the Automotive sector better than CRNT since I live in Metro Detroit... I toured the FORD Autoplant.. I toured the FORD museum. 

I even toured Henry Ford Hospital.

So.. come on in while the water is warm.  Yes.. It means trading sideways for months cause stupid morons like me didn't buy it when it was $1.XX  a share.  But.... I see this as an $8.00 a share stock next year...easy...

13 Comments – Post Your Own

#1) On April 27, 2009 at 2:18 PM, kdakota630 (29.09) wrote:

TMFDeej is optimistic about Ford as well based on some of his more recent blogs.

Personally, I don't see any long-term recovery in the economy for the next couple of years to the point where car sales will be taking off from where they currently are.  They might capture some of the market from GM and Chrysler and it might not be an entirely bad pick, but I'd be hesitant to get into it at the moment, especially at what I think is the peak of a bear market rally.

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#2) On April 27, 2009 at 2:24 PM, kaskoosek (30.23) wrote:



I have the same feeling as Kdakota. 


Anyway Deej closed the short pick rather than put an outperform on Ford.

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#3) On April 27, 2009 at 2:43 PM, Seano67 (23.45) wrote:

I booked my profits on Ford this morning, and am waiting for another pullback before I buy back in. This whole swine flu thing seems to have thrown another big curveball at the market, so I'm glad I took my profits when I did.

Ford is definitely a gamble, but I think it's at least a defensible risk, especially pending another likely pullback. There's a lot of investor sentiment going in Ford's favor too, especially as compared to Chrysler and GM, so that certainly doesn't hurt matters either. 

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#4) On April 27, 2009 at 3:01 PM, awallejr (28.75) wrote:

I played with F-S instead.  It is convertible into Ford common and yields about 3.20 per. They suspended the payout, but it does accumulate.  Had to sell it tho because the runup was too much to not take the profit.  Also I can't picture F going much higher until they start actually showing profits, which they don't anticipate until 2011.  But if your horizon is 3-5 years F should play out nice.

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#5) On April 27, 2009 at 4:32 PM, Varchild2008 (84.01) wrote:

This should be at $8.00.  Back in 2008 it had far more debt and far more problems than it has now and it was as high as $8.68.

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#6) On April 27, 2009 at 5:49 PM, awallejr (28.75) wrote:

True but back then the market was 13000.  Hope you are right since I don't have a vested interest against the play.

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#7) On April 27, 2009 at 6:05 PM, catoismymotor (< 20) wrote:

Hey Joe, where you goin' with that gun in your hand
Hey Joe, I said where you goin' with that gun in your hand

I'm going down to shoot my old stock
You know, I've caught Ford messin' around with another man
I'm going down to shoot my old stock
You know, I've caught Ford messin' around with another man
And that ain't too cool

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#8) On April 27, 2009 at 6:08 PM, katochiapet (< 20) wrote:

I took some profit in Friday's trading, having bought in at $2.10 and again at $1.70.  Everything I own now is pure profit, and I am waiting for the next pull-back to buy some more!  I'm thinking it is a $7-$8 value as well.

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#9) On April 27, 2009 at 7:40 PM, Seano67 (23.45) wrote:

Well if they can only manage to keep themselves out of bankruptcy court, I have no doubt but that all of us will be making money in the future by investing in Ford at this time. That however is the million dollar question- can they avoid bankruptcy and being crushed under ther massive levels of debt while surviving this global recession in which themselves and every other automaker on earth is just getting absolutely crushed?

I'm rooting for them all the way, that's for sure, and they do have some things going in their favor in my opinion. I love the fact that they have yet to dip into the taxpayers wallets and have no intentions of doing so if it can possibly be avoided, whereas Chrysler and GM seemingly couldn't get their fingers into all our wallets quickly enough. I have a great deal of respect for Ford for trying to fight their way through this on their own. And I love Alan Mulalley, I think he's a great CEO, and I love what he did at Boeing, where he turned around an iconic American company and brand name that had been languishing badly prior to his arrival- very similar to the task he's got ahead of himself at Ford, although his challenge at Ford is obviously going to be much, much harder.  And beyond that, they're making great, world-class cars again. Unlike Chrysler and GM, no one complains about Ford's product anymore, now it's just a matter of, can they navigate their way through and ultimately survive the whirlwind? Well, if having a great CEO and making excellent cars again counts for anything, then Ford's at least got a shot, or at least I'd like to believe so.

So given all those things, I find this a very easy company to root for, and am wishing them nothing but the best.

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#10) On April 27, 2009 at 8:22 PM, fatherthree (< 20) wrote:

I cashed out today a $5.25 and feeling pretty good about it.  Having bought it at $2.19 before their quarterly report.  I'm thinking these profits might sit while F sinks a little.  I also believe its a 7-8 dollar a share stock for two years, but I also see it being a bit of a bear for a while. 

 I say hold off, and scoop it back up when it gets to 2 again..... Since I live in Detroit burbs and having sold my Dodge ram for a Ford fusion, I can attest to them putting our a much better product than in the past.  

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#11) On April 28, 2009 at 4:53 PM, Varchild2008 (84.01) wrote:

Yea.. I;ve been drooling at the Ford Fusion Hybrid articles .. over 1,400 miles off 1 tank of gas??? wow!

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#12) On April 28, 2009 at 5:06 PM, KeithHiggs (< 20) wrote:

Fortunately for me the 2011 estimate for Ford to turn a profit is well within my timeline for holding it. I had the good fortune of picking it up in Feb. at $1.85 and I'm currently sitting on an unrealized 166% gain.

I concur that F holders should target the $7.50 to $8.00 range.  Meanwhile, it's money I won't need to live on for the next 5 years so I'll continue to monitor my stop-loss sell triggers and look forward to triple-bagging.

The shoe that F hasn't shown yet is the fruits of rumors that there's a hybrid F-150 in the forseeable future.  I believe the Fusion is a step in that direction but F-150-H would be F's killer app.

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#13) On April 30, 2009 at 8:06 PM, Varchild2008 (84.01) wrote:

Congrats!  You triple bagged today:-)

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