Ford stock, yay..

[Obiwan]

Anyone else riding that F elevator down? Thoughts on if it may stabilize or continue selling off?

Was a good run for months but the quarterly news with chip shortages and not being able to meet their projections for builds wasn't what I wanted to hear either. May be a good time to buy low though.

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[dragon6172]

I bought all my shares way back when it was around $1-$2. As long as it doesn't make that much of slide...

 

[mybikeisred]

Gonna come down farther unfortunately, but I got in for $6.66, so I’m not too worried about it. If it gets down to $12, I’ll probably buy more.

 

[TheDoctor]

Absolute BS reason for the selling...but a great chance to pick some up again before the return to where it should be.

 

[Nobody]

Gonna come down farther unfortunately, but I got in for $6.66, so I’m not too worried about it. If it gets down to $12, I’ll probably buy more.

I had a big buy order in when it was at 6.66, not wanting to tempt fate, I put the order in for 6.65... it never filled and price went up from there

 

[Obiwan]

I bought all my shares way back when it was around $1-$2. As long as it doesn't make that much of slide...

WOW, impressed.

 

[BroncoAZ]

I'm looking to buy the dip like I did with Apple last week at $159.

 

[Razorbak86]

Ford missed Street estimates on the latest earnings report, so the stock is down ~10% intraday, but it raised forward guidance for FY22 by 15%-25% above Street estimates. To me, that represents a nice buying opportunity, since I am more focused on the future outlook as an investor.

For a little context, I trade Ford stock and options regularly, so I have a good feel for the trading patterns of both. My average cost basis for my open stock position is $6.47/share (Apr-Oct 2020 buys), so those shares are up ~180% net at present. I have also booked profits from closed positions more than equal to the current value of the open positions, so I am effectively playing with house money at this point.

I haven't bought any shares of F since the fall of 2021. (My recent share transactions have all been sales during the run-up.) However, I bought a bunch of two-year LEAPS call options this morning at $3.85-$3.95/contract ($20 strike price, 1/19/24 expiration date), which were trading down 25% intraday. If the stock price rises materially in the next two years, I expect to book another nice profit on the calls, and if it doesn't, then the cost will simply eat into some of the profits I have already booked.

TL;DR - For me, today represented a good buying opportunity, because I am bullish about Ford's future outlook over the medium to long term. Obviously, YMMV.

 

[Silver-Bolt]

Waiting to buy more.

 

[Obiwan]

Certainly on a downward tic at the moment.

 

[MnLakeBum]

I understand someone wanting to own a certain stock but it’s hard to be a stock picker. Most would be much better off just buying the S&P500 index, don’t sell it, and let their money grow over the long haul.

Here’s Ford compared to the S&P500 over the last 5 years.

 

[RunNGunArk]

my Robinhood App alerts me when stocks are up or down over 5% . it lists the Stock ticker and and says up/down
A couple times lately i've gotten a notification and looked at my watch. This is what i See:

F UP
HHAHAHAHAHHAAHA The kid in me laughs every time i get that

 

[GETSCHWIFTY]

I bought back in at around 6 dollars. I’m about to dump another 50,000 dollars into $F

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