F - Ford Motor Company - Page 370

In at 15.25... that 50MA of 15.16 should show some nice support. Stop loss being set at about 14.95. Dips like this are always good buying opportunities.

Hopefully but the wick almost reaches the 20EMA. i think I'm just going to stay out and buy front month calls as we approach earnings.
 

Quote:

Originally Posted by Jckund 

In at 15.25... that 50MA of 15.16 should show some nice support. Stop loss being set at about 14.95. Dips like this are always good buying opportunities.

Got into F at 3$ and something/share(right after Kerkorian sold his stake) and got out at around 9. Was decent gain but I`ve missed on some upside from there.

Where do you guys see F go in the next 6 months?

I bought my first tier at 15.36 on Friday. If Ford continues to drop I will average down. If Ford goes green I will take profits again.

I can't see Ford going much below 15.00, but Ford moves unexpectedly quite often. I am confident F will test 16 at least one more time before earnings.

This is a good buy IMO

Quote:

Originally Posted by JuicyG 

Got into F at 3$ and something/share(right after Kerkorian sold his stake) and got out at around 9. Was decent gain but I`ve missed on some upside from there.

 

Where do you guys see F go in the next 6 months?

In the past it has been hard to predict Fords movement. If Ford meets expectations there is no reason it won't get back to the 18-19 level. I think analysts are expecting 18-22 depending on the source. I tend to buy and sell rather than hold because F gives back it's profits quite often.

Crap, I meant to set a stop at 15.50 but I never did. I didn't think it would fall this low again so soon. 

The 14.70's are lower than I expected. We might not find support until the 200dma around 14.40......

Quote:

Originally Posted by ModestTrader 

The 14.70's are lower than I expected. We might not find support until the 200dma around 14.40......

I'm with you on that one !! 

Wow, talk about a come back today! Down at 14.5 at open, nearly 15 here now.

Quote:

Originally Posted by Demo24 

Wow, talk about a come back today! Down at 14.5 at open, nearly 15 here now.

 

The volume is up also which is a good sign the buyers are back. 

Breaking 15.00 as I type.

It touched the 200EMA and bounced. It might have some more room to drop. I'm still planning on buying front month calls as we approach earnings on 4/21
 

If oil follows thru in this downtrend, better days are ahead in F.

I've read that the crisis in Japan threatens to hurt Ford's earnings. If I understand correctly Ford's quarterly earnings range from January 1 thru March 31 2011. The crisis in Japan occurred with roughly two and a half weeks left in the quarter. It took nearly a week to have any effect on the US auto market, maybe more. That being said analysts want us to believe that a one to one and a half week period is going to hurt Ford's earnings? This just after analysts report Ford beat GM's sales in March, up by 19%. Ford's F-series remained the best selling vehicle in the US up 25% in March. Am I wrong with my dates or thinking?

On a more positive note Ford had a strong day for a down market. Currently up $.03 AH's.