Ford Stock: Really Cheap

Dr.Steve

XLT
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dr. Steve Bruhle
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I bought at the end of last year in the 10’s. Bought more in the 11’s and 12’s.
 

Lappo424

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Chris
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Accord - Looking to switch to Maverick XL
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I bought at the end of last year in the 10’s. Bought more in the 11’s and 12’s.
I was going to buy two years ago when it still paid a div. Never did.
 

Dr.Steve

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dr. Steve Bruhle
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I think it was genius for them to get rid of cars out of their portfolio. Focus on thier bottom line (Trucks) and have the space to innovate (EV). Less Legacy to deal with.
 

TooManyVehicles

Lariat
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John
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I bought Ford bonds in 2009 at 20 cents on the dollar. They were paying 7% nominal, 35% annual (considering the discount). After the economy rebounded, Ford eventually redeemed them at par. So I made 5 times on my investment plus interest on the debt (at 35% per year) for a few years.

At the time (late 2008/early 2009), I had people wanting to know if GM was a good buy - I told them no way (GM ended up going bankrupt), no way on Chrysler (not even their debt), and I thought Ford would "make it"...but being conservative I went the debt route vs common stock.

The bad news is that it was a relatively small investment, not enough to make a big difference in my lifestyle (but certainly a profit is a lot better than a loss).

Ford has run up a lot over the last year, so some of the expectations are built into the price. I have a bit I bought but sold off half of it at 13.39 in late May. If it sells off some more due to bad earnings (hard to make a lot of money when you can't sell vehicles due to shortages), I might pick up some more.
 

Waitingtosee

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Brad
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First Edition
I bought a bunch in late March 2020 right at $7/shr. It has been a really good investment so far. Might sell a little to help me buy my Maverick! 😉
 

rth121

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Monterey
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2022 Ford Maverick XL
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XL
Purchased a few last year when it was low on Robinhood and Webull ;) Been on the up and down ride, but glad it's doing well. Snagged a few GM as well while it was low.
 

JohnDLG

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When it was under $10 a share I picked up 100 shares just so I could have enough to qualify for the X plan that way. Kind of bummed when the dividend went away but it was understandable why they did that. I've bought a bit more since then, just gonna hold for now.
 

Xtreme Thunder

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You guys didn't buy in bulk when it was $4.90/ share in May 2020?
 

zeketolliver

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Jake
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Ford is getting enough of my money with my order.
 

The Weatherman

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Dean
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You guys didn't buy in bulk when it was $4.90/ share in May 2020?
No! But I did when it was $1.64 in 2009. Wish I had bought a hell of lot more then. Sold those at $16 and change.

I have picked up a few shares just lately. Thought if it takes long enough to build my Mav I can use them to get that X plan discount.
 

FLMav

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Scott
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Hyundai Elantra
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XLT
Not to shabby. Beat and raised guidance! Ford is crushing it. I got in a few months ago, wish I got it under $10 like most of you guys it sounds like!
 
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