Will test 52 week low soon,if not before earnings,after for sure. In the US Ford is kicking ass,but the rest of their world operations are quite lackluster,especially in the Euro-zone.(help us out Doc,and buy a Ford over there.LOL) During the earnings dump,Ford may go as low as in the $8.00 range,and possibly trickle back up to the high $9s,or higher before next earnings?
Throw all of that out of the window if they up their div.,which could happen with their debt being rapidly paid down,but which may have slowed due to the Euro-factor? But don't count on it,with to much uncertainy in the markets,and world economies.2013 should be a lot better for Ford if the next presidental election,the right guy gets elected.(which I'm not sure that guy is even running for President LOL)
Disclosure: Long Ford