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Author Topic: F - Ford Motor Company - NYSE  (Read 23570 times)

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Offline Dr PennyStock

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F - Ford Motor Company - NYSE
« on: July 10, 2008, 04:59:14 PM »
Looks like a possible bounce play in a few days/weeks, it's sad to see one of the biggest companies of the world with a PPS and a chart like this, but, we are here to make money.

The stock has resistance at 4.95, 5.17 and 5.50, the top of the descending channel, that red line is also a resistance, it's a dynamic value, today may be about 4.75.

The support is at 4.32 (PAR SAR) - 4.30 (support of 5 days ago), the bottom of the descending channel is also support.

If the stock continues trading inside this descending channel, it will be at 3 - 2.50 in a month, unless the support at 4.30 is strong and hold the stock at this level trading sideways.

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Offline Jayhawk

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Re: F - Ford Motor Company - NYSE
« Reply #1 on: July 10, 2008, 05:01:41 PM »
Sad but not a suprise...but if it will make me money, I'm in.
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Offline Mr. Halsey

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Re: F - Ford Motor Company - NYSE
« Reply #2 on: July 10, 2008, 05:03:09 PM »
is sad... they will have to change the game completely.

will watch for a buy in point
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Offline thrilldealer

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Re: F - Ford Motor Company - NYSE
« Reply #3 on: July 10, 2008, 05:06:54 PM »
Hey doc, wrong board this isn't a penny stock... ;D
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Offline Jayhawk

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Re: F - Ford Motor Company - NYSE
« Reply #4 on: July 10, 2008, 05:09:59 PM »
Under $5 and still going down.....it's definitely in penny stock land.  ;)
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Offline Greg

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Re: F - Ford Motor Company - NYSE
« Reply #5 on: July 10, 2008, 05:14:43 PM »
Quote from: Jayhawk on July 10, 2008, 05:09:59 PM
Under $5 and still going down.....it's definitely in penny stock land.  ;)

Definetly don't want to play an auto maker...
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Offline thrilldealer

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Re: F - Ford Motor Company - NYSE
« Reply #6 on: July 10, 2008, 05:16:22 PM »
well, depends on your definition of penny stock, some consider it 5 or less others 2 or less. So right now we can say it's in the grey zone  ;D
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boomer

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Re: F - Ford Motor Company - NYSE
« Reply #7 on: July 10, 2008, 05:16:28 PM »
I been watching F as well. it has a market cap of 9.8 billion so no it's not a penny stock.  but if it forms a bottom I buying
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Offline Vegas

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Re: F - Ford Motor Company - NYSE
« Reply #8 on: July 10, 2008, 05:16:55 PM »
Quote from: thrilldealer on July 10, 2008, 05:06:54 PM
Hey doc, wrong board this isn't a penny stock... ;D

Doc sure has been breaking a lot of rules around here lately... We are going to have to get him bumped down to moderator and promote DZ... LMAO...  ;D ;D ;D

I have a couple of friends who have made a bundle shorting this and GM lately... Good money but a truly sad statement for the U.S.A.  :'(
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Offline Greg

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Re: F - Ford Motor Company - NYSE
« Reply #9 on: July 10, 2008, 05:18:19 PM »
Quote from: Vegas on July 10, 2008, 05:16:55 PM
Quote from: thrilldealer on July 10, 2008, 05:06:54 PM
Hey doc, wrong board this isn't a penny stock... ;D

Doc sure has been breaking a lot of rules around here lately... We are going to have to get him bumped down to moderator and promote DZ... LMAO...  ;D ;D ;D

I have a couple of friends who have made a bundle shorting this and GM lately... Good money but a truly sad statement for the U.S.A.  :'(

Yeah, I think he even spoke the "N" word the other day.. you know "News" ;D
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Offline Vegas

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Re: F - Ford Motor Company - NYSE
« Reply #10 on: July 10, 2008, 05:19:56 PM »
Quote from: thrilldealer on July 10, 2008, 05:16:22 PM
well, depends on your definition of penny stock, some consider it 5 or less others 2 or less. So right now we can say it's in the grey zone  ;D

Scottrade considers a stock under 1.00 as a pennystock and I mostly agree with that... Pennystocks are about low price, huge risk and reward... IMHO...
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Offline Dr PennyStock

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Re: F - Ford Motor Company - NYSE
« Reply #11 on: July 10, 2008, 05:20:44 PM »
Sorry to disappoint you, but, the SEC says that a stock under $5 is considered a penny stock, of course that with this market cap, I consider that it's in the grey zone  ;D.
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Offline Vegas

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Re: F - Ford Motor Company - NYSE
« Reply #12 on: July 10, 2008, 05:21:42 PM »
Quote from: Greg on July 10, 2008, 05:18:19 PM
Yeah, I think he even spoke the "N" word the other day.. you know "News" ;D

That does it... I'm calling Al Sharpton and Jesse on that "N"ews...
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Offline Dr PennyStock

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Re: F - Ford Motor Company - NYSE
« Reply #13 on: July 10, 2008, 05:22:17 PM »
Quote
Yeah, I think he even spoke the "N" word the other day.. you know "News"

Nahhhhhhhh, you must be kidding  ;D
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Offline Greg

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Re: F - Ford Motor Company - NYSE
« Reply #14 on: July 10, 2008, 05:22:24 PM »
Quote from: Dr PennyStock on July 10, 2008, 05:20:44 PM
Sorry to disappoint you, but, the SEC says that a stock under $5 is considered a penny stock, of course that with this market cap, I consider that it's in the grey zone  ;D.

that may set up a buy out with HONDA or YOTA....LOL...

Wow, Blue oval with a rice hat on it...Henry would turn over in his grave.. ;D
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