Ray McIntireJr
Well-Known Member
I saw on PBS that Ford stock was up approx. 21 cents to a whopping $9.49. Ouch!!!
Ford Stock
- Thread starter Ray McIntireJr
- Start date
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OK. So what are you saying?
Tom
Tom
Not sure what raym2 is saying, but compared to GM's stock price of $38.15 it's not looking good for Ford. While $9.49/share could/should be seen as a bargain, I doubt many of us have enough confidence in the companies direction to purchase any(at least I don't).
Not all stock is equal.
Lets say there are two companies. Both are worth $1 million.
One has 500,000 shares of stock at 2 bucks each and the other has 100,000 shares at 10 bucks each.
Which company is a better investment?
Tom
Lets say there are two companies. Both are worth $1 million.
One has 500,000 shares of stock at 2 bucks each and the other has 100,000 shares at 10 bucks each.
Which company is a better investment?
Tom
Johnny O
Well-Known Member
Buy low, sell high.
Me, I'd wait a while yet.
Me, I'd wait a while yet.
Robert Poole
Well-Known Member
The stock was around 6 bucks a year ago so it being at 9 ain't bad.
Have a good one
Bob
Have a good one
Bob
Ray McIntireJr
Well-Known Member
It really surprised me that it was this low, and $6, isn't that almost bankrupt?
WXMotorSports DecalsPartsAccs
Well-Known Member
No, it wouldn't mean they are bankrupt. I worked for a company and their stock went down to 5.00 a share. However, there were 200 Million in cash in reserves plus another 100 Million in investments.
They also had 10 profitable quarters in a row. However, their growth was only at 8% where the market was 20-30% a year. Therefore, the stock really didn't go up that much.
My friend bought Apple back in 1994 at 12.00 a share. He is a millionaire now off the stock.
They also had 10 profitable quarters in a row. However, their growth was only at 8% where the market was 20-30% a year. Therefore, the stock really didn't go up that much.
My friend bought Apple back in 1994 at 12.00 a share. He is a millionaire now off the stock.
raym2,
The price of one share of stock is not reflective of a companies worth.
There is one stock trading on the NYSE at about $109,475.00. Yes that is right, over $109,000.00 a share.
Do not let the individual numbers confuse you.
Tom
The price of one share of stock is not reflective of a companies worth.
There is one stock trading on the NYSE at about $109,475.00. Yes that is right, over $109,000.00 a share.
Do not let the individual numbers confuse you.
Tom
WXMotorSports DecalsPartsAccs
Well-Known Member
Berkshire Hathaway Inc. (BRK.A) only 500 shares traded last Friday...LOL
SST,
I know. I am suprised that actually 500 shares traded. I mean, who has $109,000+ to buy one share of stock?
Tom
I know. I am suprised that actually 500 shares traded. I mean, who has $109,000+ to buy one share of stock?
Tom
WXMotorSports DecalsPartsAccs
Well-Known Member
Exactly...LOL I always remember it's that company because if someone says I will buy you one share of any stock it's going to be that one (BRK.A)...LOL
BTW...they tried to buy Allison Transmissions and lost two other private companies.
BTW...they tried to buy Allison Transmissions and lost two other private companies.
