https://www.detroitnews.com/story/business/autos/ford/2021/11/03/ford-posts-october-sales-drop-but-new-vehicles-help-bolster-results/6264762001/
And imagine that, the stock price is up 1.58% today.
Lots of investors seem to have faith in this company.
I believe it is reasonable to expect significant increases in vehicle sales next year if the chip shortage is resolved. There appears to be a lot of punt-up demand for products this year which can't be met.
I think all automaker and their investors will have a very good 2022.
Back in the 90s the stock had value. That value was based on products that made money (Explorer, F-Series, Ranger, Crown Vic, Taurus.) I look at all these comments about sold out vehicle for the Mach E AT 65K! I wander what was the bill to launch that vehicle? What is the pay off time? Same goes for the F150 EV? More speculation than actual data and facts. I hope I am wrong but it smells.
Lots of investors are buying up absolutely everything in the superfestabuythedipathon euphoric bubble so don't give F too much credit. When the Fed prints trillions and give it to their buddies at the big banks and hedge funds don't be surprised when stonks go up.
But way to go F you are making a nice move right now .