What do you think of buying Ford stock now when it is less than $5/share?
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To answer your question, drummer, I currently have no position in F. If the
best you can do is call me an asshole, you have nothing to offer.
I totally disagree with berberick. Ford will make the turnaround if the unions
don't screw it up. If you are going to by the stock, consider the preferred
instead of the common and dollar cost average. There may be some downside.
That being said, I also agree with berberick TM is best of breed.
Ford is a poorly run biz. why buy garbage . If you want a car company buy TM .
Ford's cheap for a reason ! TM looks like a bargain here . Just steadily buy the
stock , not to much at a time . If Ford does'nt turn things around they might be
a $0 dollar stock in a few years . Buy quality
Wait a few months to see if things change. Right now there are no catalysts to
push the price higher.
i would pass
I agree with Drew. You can deploy that capital better by putting it in
something that is moving now.
Kathy in NJ
Prospects for them are pretty grim...as Cramer says there's a reason that stocks
trade at single digit prices...and it's pobably not for good reasons. Why buy
now? Prospects for them are years out at best. Better to divert capital to a
better sector, something not negatively correlated to high oil prices.
Per Jim Cramer, it's a bad buy
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