Ford- value right now ?

[wiesman02]

Looking like Ford might be a good buy at the moment, anyone agree ?

 

[ByLoSellHi]

Look at their balance sheet and their new car pipeline.

They are in TERRIBLE shape.

They just borrowed three times their market capitalization.


No.

 

[dac8555]

Bylow is right...awful fundies and it is in an overall downtrend.

but technically looking at the daily/ weekly chart, we may be seeing the beginning of a new uptrend.

If it breaks through fridays high...i may initate a short term trade there.

 

[pumpanddumper]

If F hits 7, I'm scooping it up again

 

[a529612]

http://www.elitetrader.com/vb/showthread.php?s=&threadid=80520&highlight=ford

 

[infolode]

Quote from pumpanddumper:

If F hits 7, I'm scooping it up again

Nice name, was rat-fuck already taken?

 

[HolyGrail]

This is one where cramer is right. If you want to own ford buy the convertable bonds. You get the best of both worlds. If you are buying it for a day trade there are many other better opportunities.

 

[infolode]

Quote from HolyGrail:

This is one where cramer is right. If you want to own ford buy the convertable bonds. You get the best of both worlds. If you are buying it for a day trade there are many other better opportunities.

Agreed.

 

[wiesman02]

Hit resistance breaking 50 DMA on Friday. Shorts are loading up on this puppy. Should be good for a nice swing trade.

 

[pumpanddumper]

I need this puppy to go below 7 again before I touch it.