If it wasn't for Ford Pro we'd be sc--wed! That's the only division making money. And investors agree. Stock is headed for sub $9 today.
Fire Farley!
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F stock will be $8 next week. Mark my words.
Ford Pro's profit is just an accounting trick. Is love to see how much they make on their service offerings, but like with model e, that's hidden.
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JF addressed Model e in the GTH. He specifically said Model e will get flat. That is a good thing. Be patient.
"The last Ford truck I bought was so cráppy I won’t buy another."
Built by hourly pot smokers that are walking away with $10k profit sharing checks.....
The last Ford truck I bought was so cráppy I won’t buy another.
Of course it is. $5 is likely in play, and this was mentioned about 1-2 months ago. It'll keep working itself down to around that level before any meaningful change.
It started it's run at $3 early 2020, to top at $20+ in 2022. Knowing when to get in and out of a stock is half the battle. Most people don't know when to get off the ride, to re-enter lower. Never ride the mountain up to only ride it back down again. That's not fun. So, when price finds it's low, it'll wallow around for a while before it starts it's next run higher.
Not investment advice, yada, yada. DYODD.
The F-150 is the only thing making money. The rest is accounting smoke and mirrors.
And F-150 sales are declining.
Ford is doomed.
I can’t believe when the Ford family that lives on the dividends sees their portfolio value decline this significantly that they aren’t concerned. (The extra 15 cents was for them.)
Ford is in deep sh-t trouble. Model e must be shrunk by at least 50% if not fully eliminated. This is required to save the company without bleeding to death.
U.S. dealers’ inventories increased to 103 days, from 81 days.