Ford- value right now ?

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

 

Look at their balance sheet and their new car pipeline.

They are in TERRIBLE shape.

They just borrowed three times their market capitalization.


No.

 

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.

 

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

 

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

 

Nice name, was rat-fuck already taken?

 

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.

 

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

 

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