A little over a month ago Ford stock was down to $1.85, so I figured since its the only AMERICAN car company to not take a handout from Obama it might be a good time to spend a $185 for a hundred shares. Well Ford is making me proud closed at $6.26 today, profit of $441.00. Damn, should I sell or hold?

 

put a stop-loss order on it. Say at $5. This way if the price automatically drops to $5 it will automatically sell and you can keep your profits. Then buy again if prices go down and repeat. Now is the time to buy big time. In companies like GE and Proctor and Gamble because they are companies that will never go out of business and GE is known to pay a dividend each year. Not if but when the market rebounds people will make a killing because right now you can get bigger companies at about 1/2 the price their stock usually sells for.

 

I would invest in Chevrolet. They have the new Camaro lined up and people are chomping at the bit for one. My uncle ordered a SS today and it won't come in for 2-3 months. If I had money to put out and play with, that's probably where I'd go.

 

Get your money back and have some shares too.

Put in a limit sell at $6.5 for 30 shares. That will get you $195 minus commission. You will still have 70 shares you can keep indefinitely.

I did the same thing with OMG. I purchased 300 shares for $15. Earlier this month I put in a limit sell for 100 at $25 and they sold. Yesterday I put in a limit sell for $30 and it sold. I paid $4500 for 300 shares and sold 200 shares for a total of $5500, and still have 100 shares left.

 

Your not seeing the big picture here.. sure the camaro is popular.. but it isn't even close to as popular as years past as far as units sold. And camaro isn't the only chev sold. Same for the mustang. In 2005 they couldn't build enough. but even that wasn't close to the sales numbers from years past. You have to look forward to products that sell. Ford is in a good position right now. I would love to buy a lot of Ford stock. They are the only ones who haven't sold out to the government so far. They have my respect.

 

Duh! Forgot all about the stop loss feature. Good Idea, thanks

 

No no, I see the big pic....I understand that Chevy is hurting badly. I drive a Ford LOL. There was never a gap in the mustang when they came and redesigned it. There has been what, a 6 year gap in the Camaro and the base V-6 only starts at 23k. I don't know, I just feel that it has the potential to be the car that helps bring them back. I'll still buy Ford trucks, but if I had the money and and could keep my truck, I'd drive a SS.

 

Many stocks are rebounding nicely these days, hopefully the trend continues.
I bought 100 shares of SUNCOR ENERGY in late December @ 18.85 a share, and today the stock is up to $34.99.

Congrats on your Ford stock doing well.

 

Just watch and see what happens to GM's stock June 1.

 

true, it won't have stock, it will be govt. controlled lol.

 

My Dad retired from GM (35 years) NON union salaried employee, he has almost none of the original benefits that he retired with. But all the union people still have theirs.

 

I bought in at $1.76. Mine will be up on the block come Monday. If you follow the better investors, you don't buy at the absolute cheapest and then hold to the absolute highest. Nobody is going to buy at absolute highest. You've made a great return on your investment. A smart investor will get out now, go find another cherry like Ford stock and do it all over again. This market is going to be like a basketball for a while. Buy low, watch it go up, leave room for someone else to make a little and then move on.

And H4, just so I can say I told ya so, the probabilities of your uncle taking delivery of an SS Camaro are slim to none. GM closed the SS and performance divisions about 4-6 weeks ago. The only performance cars coming out will be subject to parts on hand only. I hope he didn't put a lot of money down on it. With GM closing dealerships, he may have just lost anything he put down. I think the number is 1400 dealerships they are being forced to close.

 

Care to shed some light on this? I just recieved my MotorTrend magazine and they had a nice cover article with the Camaro SS, Mustang GT, and Challenger R/T in there and I let my friend (major GM nut) read it. He's hell bent on those new Camaros and how superior they are to the 2010 Mustang GT () I would love to feed him the bad news

 

I know, they are going to be forced to make hybrids by the "Dear Leader" and his goons. He just put 1k down yesterday, and if you check their website it's still on there.

I'd take a SS over a GT any day. Stock for stock, the SS has a 6.2 putting down 425. Plus think of how many Mustangs you see on the road, everyone and their gramma has one and thinks they are fast....even the V6. When it comes to trucks....hands down Ford. To performance cars....Chevy and used to be GM (has changed since the golden era of muscle cars) hand down.

I had a '05 Pontiac GTO and then got a Mustang GT right after that. Let me tell you.........the Slowstang was like felt like a 8' man trying to ride a 3 year old's big wheel. Just didn't fit. Wasn't fast, felt cheap, so on. GTO was primo though.

 

I'm happy!