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Ford posts Profit...$1B

Must be some real geniuses running these companies, even in an uncertain economic climate they lower prices, offer incentives and yet they still make money..... Perhaps if these yahoos had thought of this brilliant business strategy prior they would have not ended up in trouble in the first place...
 
Ford stock went from ~$4 a share to ~$7.65 in the last year or so.

I don't suppose anyone here was smart enough to jump all over the $4 price? I know I wouldn't have touched it with a 10' pole!
 
I was actually dumb (lucky) enough to buy it a $2, then I got scared and sold it when it hit $5. Figured no way it would go higher than that, wrong again!
 
"daveSanborn" said:
Ford stock went from ~$4 a share to ~$7.65 in the last year or so.

I don't suppose anyone here was smart enough to jump all over the $4 price? I know I wouldn't have touched it with a 10' pole!
Click to expand...

I thought about it but didn't since the wife's employment situation at that time was questionable...should have bought it, might have made some parts money.
 
I had faith in the blue oval and bought 1,000 shares below 2.00 per, still sitting on them and wished i had bought 10,000 shares. I'm holding out till they hit 20.00 per share ( dreamer) didn't they loose many billions of dollars just last year then they make 1 billion dollars this year and thier crowing with the roosters ( notice I'm mocking a mere billion dollar profit) for the average company here comes easy street but for the big three it's pocket change.
 
I wouldn't be surprised if we see an across-the-board show of profits in the auto industry. Most likely directly attributed to cash for clunkers. At least it gives them a little breathing room, but how long they can sustain is questionable.

In talking with a friend of mine from Germany recently, he was surprised when he saw a large inventory at a local Ford dealer while here on visit. He commented that in Europe, dealers only stock a few vehicles and pretty much everyone orders their car instead of buying off the lot.
 
I am from Europe and can confirm that most people here order there car or how do i said it right , they put their car together when looking at the option list.Lets say that 10% buys cars from the stock the garages have. ( i wanted to say : stockcars but in the states it has anothermeaning , isn't it ? )
 
Ford has been the one auto company to do things right. They did not take a government handout and they sold a lot of assets to reduce the overhead. Alan Mullaley has been running the company they it hasn't been run in years and that's why Ford is doing well.
 
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