Discussion: best auto company to purchase stock in

[wooflepoof]

I bought some in Ford. Anyone have any investment in an auto manufacturer? Thoughts, suggestions, etc

[Dogbert]

Ford.

/thread

[EyeMWing]

Ford is quickly becoming an unstoppable juggernaut of automotive excellence. ... Now if we could just teach them how to be an unstoppable juggernaut of automotive orgasmicness...

[racingfan1]

Now if we could just teach them how to be an unstoppable juggernaut of automotive orgasmicness...

It's already happening. The RS Focus, improvements to the Mustang, the Raptor, the Flex is a great-looking suv, and the new Taurus is a looker as well. Get a replacement in for the GT and it would almost be complete.

[Strelok16]

If Ford actually decided to build the GR1, everyone else would do themselves best to just give up.

[NooDle]

Ford.

/thread

^truth

[wooflepoof]

Is Chrysler being traded publicly? I think they're going to pick themselves up when they introduce the 500 and push the Jeep internationally

[LeVeL]

GM




















oh wait

[Cowboy]

dacia looks promising

[smartpnoi]

I have ford stock still, which I bought about 5 years ago, i think i'm starting to make my money back...good thing I didn't sell...

[gtrietsc]

Ford was a little over $1 a year ago, and what is at today?

$8.86 as of this writing.

So, as Dogbert said...

/thread

[Scott]

Can you buy stock in VW/ VAG or are they privately held?

[JakeRadden]

Ford.

[Steve Levin]

To be honest, I'm going to go with 'none.'

I believe that virtually every auto company worldwide is in a pretty vulnerable state, primarily because they continue to carry legacy labor contracts that cannot be easily shed. Even the best companies in the world have suffered to some extent in the current economy.

We just saw in the Chrysler and GM bankruptcies a stark reminder that established labor unions carry a lot of political weight and will get favorable intervention in a crisis. The common shareholders, on the other hand, were wiped out entirely. Even secured creditors -- which stand far higher on the food chain than common shareholders (higher than the union claims, in theory!) -- took massive losses. And that's not a lesson that will be forgotten down the road -- should even a minor slowdown occur, GM and Chrysler will find it much more expensive to borrow money to bridge the gap, simply because investment funds will remember that funds, secured or not, will be treated little better than common shareholder money.

Ford, despite not going bankrupt, will still find itself painted by the same brush, since it can always avail itself of the option in the future.

I'm not trying to open a political debate, but, rather, just point out some of the financial realities of investing in any car company right now. You can try and play the market with timing, etc., (and if you bought Ford at $1, you've done well. On the other hand, if you bought into GM at $1, you lost everything) -- but it's highly speculative -- really gambling. And certainly not an investment that you can ever take your eyes off.

Steve

[Twerp128]

Is Chrysler being traded publicly? I think they're going to pick themselves up when they introduce the 500 and push the Jeep internationally

Can't get Chrysler stock, but you can get Daimler which own 20% of them or Fiat which owns 35% of them. It's up in the air whether Chrysler can be a success or whether it will become a messy bankruptcy. Marchione inspires confidence in the management and Chrysler as a whole seems to be undervalued by the hysterical media.

[Blind_Io]

Ford.

Especially with the rumor that the F-100 concept will be taken out of mothballs and see production to replace the Ranger.

[gtrietsc]

To be honest, I'm going to go with 'none.'

I believe that virtually every auto company worldwide is in a pretty vulnerable state, primarily because they continue to carry legacy labor contracts that cannot be easily shed. Even the best companies in the world have suffered to some extent in the current economy.

We just saw in the Chrysler and GM bankruptcies a stark reminder that established labor unions carry a lot of political weight and will get favorable intervention in a crisis. The common shareholders, on the other hand, were wiped out entirely. Even secured creditors -- which stand far higher on the food chain than common shareholders (higher than the union claims, in theory!) -- took massive losses. And that's not a lesson that will be forgotten down the road -- should even a minor slowdown occur, GM and Chrysler will find it much more expensive to borrow money to bridge the gap, simply because investment funds will remember that funds, secured or not, will be treated little better than common shareholder money.

Ford, despite not going bankrupt, will still find itself painted by the same brush, since it can always avail itself of the option in the future.

I'm not trying to open a political debate, but, rather, just point out some of the financial realities of investing in any car company right now. You can try and play the market with timing, etc., (and if you bought Ford at $1, you've done well. On the other hand, if you bought into GM at $1, you lost everything) -- but it's highly speculative -- really gambling. And certainly not an investment that you can ever take your eyes off.

Steve

Very good point to remember, Steve.

[nouseferaname90]

got a lot of ford at $.75

[Twerp128]

got a lot of ford at $.75

May want to check a index before you lie.

[Dogbert]

May want to check a index before you lie.

Oct 24, 1981 was the lowest it's ever closed, at $1.0094. I mean it's somewhat possible, if he bought it that day.