Am I crazy or should we be buying ford stock right now. At 7 bucks a share you could aquire a substantial position. This is a stock that was trading in upwards of 65 bucks a share in the late 90's. If their turnaround plan is successful,come 2010 you could make a killing
2007-03-12 04:42:54 · 3 answers · asked by Unions are Lazy 1 in Business & Finance ➔ Investing
Rather than a long answer, I'll make it simple: if the results were that certain, the stock wouldn't be 7 bucks.
2007-03-12 05:51:38 · answer #1 · answered by anywherebuttexas 6 · 0⤊ 0⤋
I totally agree. I believe Ford is too big to go away completely... I bought higher than $7 and will continue. I feel there is potential after doing my research.
Another one is Northwest Airlines... I bought in under a dollar and sold the amount I put in when it quadrupled... The remainder is just sits there waiting to sky rocket... but as long as I have my initial investment out I can wait for the long haul if thats what it takes !
: ) Happy investing and remember to buy low and sell high.. Something some people just can't seem to get a grasp on !!~!
2007-03-12 14:42:01 · answer #2 · answered by Kitty 6 · 0⤊ 0⤋
Or you could look like an idiot when the stock goes down to 5 bucks.
I dont think ford is going to go away, but i think the price appreciation is going to be slow. I doubt it will be at 65 in 2010....but it might be at 10 bucks or so,
2007-03-12 11:46:46 · answer #3 · answered by Anonymous · 0⤊ 0⤋