Site Navigation

Investor Information
 Home
 Monthly Update
 Real Estate Articles
 Real Estate Videos
 Real Estate Success Stories
 Real Estate Blog
 Free Investing Books, Audios
 Real Estate Books
 Investing Glossary
 Investing Abbreviations

Real Estate Products
 No Risk Guarantee
 Best Sellers
 All Investing Products
 Real Estate Courses
 Real Estate Audios
 Real Estate Ebooks
 Real Estate Books
 Real Estate Seminars
 Real Estate Games
 Special Offers

Investor Resources
 Hard Money Lenders
 Real Estate Agents
 Handyman Services
 Real Estate Clubs
 Cashflow 101 Clubs
 Business Tools
 Tax Appraisal Districts
 State Property Codes
 State Foreclosure Laws
 Proof of Funds Letter

Discussion Forums
 Networking Forum
 Beginners, Carlton Sheets
 Bird Dogs, Wholesaling
 Foreclosures, Short Sales
 Sub2, Lease Options
 Rehabbing, Landlording
 Financing, Hard Money
 Asset Protection, Legal
 Commercial, Mobile Homes
 Real Estate Marketing
 Random Ramblings

Site Information
 About Us
 Advertise on REIClub
 Contact REIClub
 Link to REIClub
 REIClub Facebook
 REIClub Twitter
 REIClub YouTube
 REIClub Testimonials



Learn Wholesaling
CD's Plus Transcripts
Click Here Now!

--------------------------
REO Experts
Reveal Their Secrets
Click Here Now!


Welcome, Guest. Please login or register.
Did you miss your activation email?
May 25, 2012, 04:54:42 PM

Home Help Search Calendar Login Register
Free Monthly Update
Name:
Email:
Click Here to Register for the Discussion Forums
Real Estate Investing Forums  |  Real Estate Investing  |  Random Ramblings (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: When to stop buying Ford? « previous next »
Pages: 1 [2]
Print
Author Topic: When to stop buying Ford?  (Read 2667 times)
Rich_in_CT
Member
*****
Offline Offline

Posts: 3207



« Reply #15 on: August 03, 2009, 11:57:10 AM »

I'm still short F at $6.25.   Actually, I didn't play this right.  I should have covered at $5.25 (had 2 opportunities), but I thought that it would get down to $4.50 (I still do).  I have a stop in at $6.35.

I still think Ford will file bankruptcy, probably early next year.

Mike
You cover that yet?

8.54 +0.54‎ (6.75%‎)  Aug 3 12:56pm ET

Open:    8.65
High:    8.86
Low:    8.41
    
Volume:    175,988,361
Avg Vol:    114,107,000
Mkt Cap:    27.10B
Disclaimer
Report to moderator   Logged
WholesaleKid
Member
**
Offline Offline

Posts: 98


WWW
« Reply #16 on: August 03, 2009, 05:50:18 PM »

Stop buying when they file bankruptcy cause you will just get them for free....LOL...ahehe
Report to moderator   Logged

Are you an investor, rehabber or landlord in Tampa? - BEST WHOLESALE REAL ESTATE DEALS
www.tampacheaphouse.com
Rich_in_CT
Member
*****
Offline Offline

Posts: 3207



« Reply #17 on: August 03, 2009, 05:58:44 PM »

Stop buying when they file bankruptcy cause you will just get them for free....LOL...ahehe
Thanks for your super input. rolleyes
Report to moderator   Logged
propertymanager
Member
*****
Offline Offline

Posts: 4854


« Reply #18 on: August 03, 2009, 07:31:06 PM »

Yes, I got stopped out at $6.35 after missing a $1 move down TWICE!  OUCH!  I was convinced the stock would go to about $4.50.  I'm still convinced that the current market move is not sustainable as all the "progress" is based on borrowing money from China and money printed from thin air.  Except for my ACI (Arch Coal) and my latest $17 covered call, I'm not trading until I see some resistance on the charts.

Mike

Report to moderator   Logged

www.1MinuteToRentalPropertyRichs.com 
This No-Hype, No-Nonsense Book is a step by step course in making money and building wealth with rental properties!  Everything from buying properties at a discount to dealing with terrible tenants.  Now In Paperback!
fdjake
Member
*****
Offline Offline

Posts: 1880


« Reply #19 on: August 04, 2009, 05:14:55 AM »

The UPTICK in Housing starts has nothing to do with BORROWING MONEY from China...

The UPTICK in the Manufacturing Index has nothing to do with  borrowing money from China...

The CONTINUED DROP, month after month in unemployment has nothing to do with borrowing money from China....

The FACT that HOUSING PRICES in this Country have now reached price levels not seen in a decade is causing buyers to enter the market.  This is how it works folks......Prices ADJUST to a point were they are ATTRACTIVE....This is EXACTLY what is happening here.  BELIEVE IT OR NOT....As HOUSING recovers.....SO WILL OUR ECONOMY!!

The idea of people running through the streets LOOTING stores, Policeman ROBBING citizens so their families can survive, the over throw of our Goverment, RIOTS, storing canned food, stock piling GUNS & AMMO, and building cabins in the woods is now starting to sound a little WACKY......This DOOMS day stuff WAS ALL A HUGE WASTE OF T I M E and M O N E Y!!!!

The things people WORRY about NEVER HAPPEN.....They don't because the MOB THOUGHT it WOULD......The MOB is NEVER right.....The MOB buys their stocks at the TOP and SELLS at the BOTTOM.  The MOB never buys a stock like FORD because TOO many of them believe the BS they read in the papers.  They CAN'T THINK FOR THEMSELVES.   Instead they buy their GUNS at INFLATED PRICES and IGNORE companies like FORD selling for $1,50/share.   The AMAZING part about this is......These people actually think they are being SMART....They think they KNOW SOMETHING others don't.....When in REALITY they are acting in CLASSIC MOB MENTALITY.  It's a very interesting phenominon and can be predicted.

I've said this here before and I hope some people paid attention...

When you CAN'T BUY BULLETS or GUNS because DEMAND for them is at NEVER BEFORE SEEN LEVELS and PRICES for these items are SKY HIGH???? THAT'S TELLING YOU SOMETHING.....Something like the BOTTOM IS NEAR!!!!

The people who PURCHASED those items in a PANIC will be SELLING them in a few years at ROCK BOTTOM prices because EVERYONE will realize MOBS are not coming down SUNSHINE DRIVE to take their food.  They'll be selling these GUNS and BUYING FORD STOCK because Alan Mullaly will be on the cover of every business magazine and Fords stock will be at $40 and Wall St will be URGING people to BUY MORE.  UNFORTUNATELY for these people.....They'll be BUYING their Ford STOCK at the TOP TOO....

Just like they bought their GUNS!!! banghead banghead banghead

I warned people NOT to trade this stock......BUY IT and FORGET YOU OWN IT.....I explained what happens in these situations.....You buy the stock at $2.00.....You Sell it at $4.00....You're HAPPY....UNTIL....The stock goes to $5.00.....Now you just want it to drop back to $4.00 so you can buy it all back.  The problem is.....The stock NEVER goes back to $4.00, instead it goes to $8.50 and you are now on the OUTSIDE LOOKING IN....Pulling the trigger at $8.50 on a stock you once owned at $2.00 is very hard to do for most people. 
« Last Edit: August 04, 2009, 05:41:45 AM by fdjake » Report to moderator   Logged
Pages: 1 [2]
Print 
Real Estate Investing Forums  |  Real Estate Investing  |  Random Ramblings (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: When to stop buying Ford? « previous next »
Jump to:  



Login with username, password and session length

Powered by SMF 1.1.8 | SMF © 2006-2012, Simple Machines LLC

 
Anti-Spam Policy | Compensation Disclosure | DMCA Notice | Earnings Disclaimer | External Links Policy | Privacy Policy | Terms And Conditions | View Cart
©2002-2012 All Rights Reserved. REIClub.com