Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Damn I almost bought $5000 dollars worth of Ford stock when it hit $1.06 last month

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 01:49 PM
Original message
Damn I almost bought $5000 dollars worth of Ford stock when it hit $1.06 last month
4.24 +0.29‎ (7.22%‎) Apr 9 2:45pm ET
Open: 4.22
High: 4.41
Low: 4.03
Volume: 99,511,149
Avg Vol: 62,717,000
Mkt Cap: 10.15B


I just couldn't pull the trigger. Didn't have the nerve. Like they say, scared money never makes any money. Sonofabeach!

Don
Printer Friendly | Permalink |  | Top
Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 01:52 PM
Response to Original message
1. i remember 9-10 years ago when it dipped below $10
and I thought it was a great buy then...lucky for me i didn't have a job so I had nothing to invest...
Printer Friendly | Permalink |  | Top
 
HowHasItComeToThis Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 01:53 PM
Response to Original message
2. I HAVE THE SAME ISSUE WITH BAC, BANK OF AMERICA
3 TO 8
Printer Friendly | Permalink |  | Top
 
Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 02:02 PM
Response to Original message
3. Yeah, but you could of also bet it on black a few times
You probably wouldn't of made any money though. The house always wins. In the long run, you still may have better luck in a fairer gambling facility found in Vegas
Printer Friendly | Permalink |  | Top
 
GentryDixon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 02:03 PM
Response to Original message
4. My financial guru told me a few months ago Ford was
the most stable car company and Wells Fargo one of the most stable banks.
Printer Friendly | Permalink |  | Top
 
madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 02:03 PM
Response to Original message
5. remember...the ford stock was shorted last month
but dam, 1-> 4 dollars is better than going to the casino
Printer Friendly | Permalink |  | Top
 
wryter2000 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 02:12 PM
Response to Original message
6. If I had any money right now
I'd be buying up stock like mad.
Printer Friendly | Permalink |  | Top
 
riderinthestorm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 02:18 PM
Response to Reply #6
8. Honestly, what stock would you buy?
I'm not trying to be snarky, just curious.

I had a huge laugh with my sister when we both said we weren't "hurt" at all by the stock market going bust last year. Both of us are small biz owners, both hanging on, but neither of us has anything in the stock market. It was the first $$ discussion we've had as adults (in our forties) and I would never have pried into her financial affairs until this came up last year. Now we're pretty open about it all.

She's about to close on selling her restaurant so she may actually have some money to invest soon. Like the OP though, I'm not sure she's brave enough to jump into the stock market.
Printer Friendly | Permalink |  | Top
 
wryter2000 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 02:28 PM
Response to Reply #8
9. Don't take my recommendations
I actually know nothing about investing, and as I'm unlikely to ever have much money to invest, it's not worthwhile for me to do the research.

If I did have money, I'd sure look into it, though. There have to be lots of bargains out there right now. But, I wouldn't put my nest egg in the market now.

I have about $200 invested just for fun...it's my gambling money :evilgrin:. Costco has been going down, but that has to go back up. I would guess that any good retail outfit would have to be a good bet, although the earnings wouldn't be enough to let you buy the Trump tower.
Printer Friendly | Permalink |  | Top
 
54anickel Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 02:14 PM
Response to Original message
7. I was thinking the same with Harley when it was down around $7 at $17 today.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 26th 2024, 05:01 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC