$8.54 last trade. it was down in the $6.XX range about 45 days ago....

Any reason to buy, not buy? Seems cheap for a company that sells 166Billion a year with a market cap of just $16B

anyone think they will actually start making $ at some point in the near future?

 

I feel it would be a purely speculative play and I wouldn't touch it with any money I wasn't prepared to lose. If I bought it I would probably be watching it very closely for a quick in/out...... but that's my opinion and I'm pretty conservative.

For some insight [and I hope the link works... it may not unless you're registered to Quicken.com]:

Ford

 

That depends if you think the ship is half empty or half sunk.


I'd be tempted to sell short, their next quarter will likely be a disaster too, especially if we get a gas spike.

 

They have a convertible bond offering. You get the yield and any possible upside for free. Look into it.

 

I spent 20 minutes looking at Ford. Below is what I came up with. Not too much to recommend it one way or the other. It

 

Note, however, that the coupon rate will be lower than that of a nonconvertible bond with the same risk because you're paying for the conversion option.

 

Same risk, no upside and possibly less risking than owning the stock at this level and time. If it goes up you convert. If it doesn't you get a lower coupon rate but the same risk as a regular bond.