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/biz/ - Business & Finance


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17662638 No.17662638 [Reply] [Original]

https://www.ccn.com/forget-the-dow-coronavirus-could-send-ford-stock-to-zero/
Sell “F” to pay respects.

>> No.17663291
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17663291

Fuck, I bought F in February.

>> No.17663414

>>17663291
F

>> No.17663510

>>17663291
That chart. holy fuck why would you buy? This boomer I know talked about his F stock every week. He asked me for reassurance one time saying Ford is great company and will never go bankrupt. I told him to buy at 8 and sell at 10 at the time. He said I'll just keep buying if it ever went that low again.

>> No.17663950
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17663950

>>17663510
dividends and i think it'll find a way to get back up, not too often 116 year old companies goes away.

>> No.17664162

>>17663950
This. Buy Ford ultra low if you can. They're actually the smartest of the auto companies in America, they restructure and reorganize ahead of busts and without declaring bankruptcy unlike the other two. What that headline is missing is that last decade when they hit their low they hit it early and were able to come out stronger than the other auto companies.

This time around the things driving the stock price down are caused by Ford making expensive, but prudent long term decisions like revamping whole factories for an electronic fleet of cars with multiple models and a year and a half long reigning in of their loan department so that they wouldn't have too much bad money on the streets when the next (currently happening) recession hit. Ford will probably hit a homerun in the next 3 years and possibly lead the global market in electric sales.

>> No.17664596

>>17662638
0? Are these jurnos retarded? There will always be a Scotty that buys ford stock from texas.

>> No.17664646

>>17662638
That's what a bottom looks like. There is no chance cnn wants you to sell stock because it's in your best interest.

>> No.17664704

>>17664646
It's CCN not CNN but you're right either way. I'd buy a fuck ton of Ford stock right now. Ford, Silver, and Gold look comfy as fuck this year.

>> No.17664719
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17664719

Elon's net worth is more than the entire company for Ford

>> No.17664826
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17664826

Dat shareholder discount tho. Plus Henry Ford was J-woke af.

>> No.17664954

>>17664719
>believing individual net worth stats
Anon, I...

>> No.17664965

>>17664954
Uh they know how much Tesla stock he owns and it's a pretty simple calculation from there

>> No.17665203

>>17664965
Lol wtf dude you can't be serious.

>> No.17665209

>>17665203
How do you think they calculate Bezo's worth?

>> No.17665331

S

>> No.17665387

>>17665209
It's all an educated guess based on a small amount of public information. Rich people's finances are basically impenetrable to anything less than a full scale IRS audit that has most of their private info available.

Those lists are not reliable or accurate and serve only to make normies have faith in individuals and companies.

>> No.17665398

As long as Ford has the F series, they will be fine.

>> No.17665469
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17665469

>>17664826
didn't even know about the shareholder discount ("X-plan")
seems like it's: Invoice - 0.4% + $275 program fee

uh, that would actually make the car more expensive if it costs for example 20k... this url confirms? (below the "Plan Pricing Comparison" headline)
https://www.carsdirect.com/deals-articles/decoding-ford-a-plan-z-plan-x-plan-d-plan-pricing

>> No.17665566

>>17665469
guess i should have compared the MSRP instead of Invoice, then it would be a little cheaper. the "invoice" price is what the dealer paid for the car