i have been in stocks for a while. i have a question for the 2 guys who posted before me: Why would you buy a company that is declining? A stock only goes up if a company is growing.
In regards to the question, I recommend RHWC (www.undervaluedpennystock.com). I have about 50,000 shares in this company and I expect to make a huge profit. Good luck with investing and if you have any questions you can e-mail me at
berelane@yahoo.com
p.s. regarding ford-i was at finance.google.com and went to the ford discussion boards. many of them say that ford is actually very high right now and only speculation keeps the price so high. here are what some of the people have said:
1)unfortunately it is difficult for the brokerage houses to be so bullish on a company whose CEO clearly states that they will lose money for the next 2 years. It is true that Mullaly has had great success in the past, but even market genius Cramer says "this one is too deep in the hole for EVEN Mullaly."
2)It is possible to have ford at $9 by year end that is true, it will all
depend upon their Earnings reports and whether they beat analysts expectations. It will also depend on the market and how they take to Ford vehicles in '07. If the past is any indication of the future though, Ford has already seen its high for '07 and will likely not see theses levels at least till Q3
3)If you are looking to buy ford wait till the $7 range again. it will
revist it. This stock is irrationally high right now.
if you want to see the entire discussion, you can go to:
http://finance.google.com/group/google.finance.13606/browse_thread/thread/cdd07470b7dc6d8e
the title of the discussion " Ford will surge to $9.00 by end of month" is misleading because the person who wrote that later admits: Obviously $9 by end of the month is unlikely (wrote that to catch people's attention)
2007-02-04 17:30:36
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answer #1
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answered by berelane 2
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Actually I too like Ford. They are reporting lots of bad news and having to deal with tough restructuring and a turnaround. I believe there's a very good chance they'll pull it off and within 2 years I think it will double.
I doubt they'll ever return to their former glory as the number 2 automaker, but they'll return to profitability as a leaner and meaner company.
Last time I checked, it was about 8.25 per share, not $7.
To Berelane: Why Ford, which you describe as a declining stock? The answer is simple. I've made some good money investing in turnaround stocks. Stocks whose prices are depressed due to a string of bad news. However, Ford has a turnaround plan. They've brought in a new CEO. They've got their financing in order to take some big charges. They're restructuring and will be revamping many product lines in the coming 2 years. They are fundamentally re-thinking the way they do business.
There is no reason they cannot grow. Any car company can do well if they bring out products people like. Look at Nissan. They were in the dumps, but are now doing well. Ford has a very popular pick-up line. They need to bring some exciting passenger cars out. They need to bring out some hybrids.
I see no reason why their stock shouldn't go up over the next 2 years.
2007-02-05 01:21:05
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answer #2
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answered by Uncle Pennybags 7
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I am not an expert or anything near that but I do believe that FORD stock is going to skyrocket. They are down around $7.00 and recorded a huge loss in 06'. But I think they will merge with TOYOTA and it will go way up from there.
2007-02-05 00:41:04
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answer #3
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answered by Danny M 2
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how about the people that make CRIKET CELL PHONES they are getting really really really popular in san diego
2007-02-05 03:20:56
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answer #4
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answered by Anonymous
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