| StockFetcher Forums · Stock Picks and Trading · Ford is bottoming | << 1 2 >>Post Follow-up |
| sr7 152 posts msg #159943 - Ignore sr7 |
12/30/2022 10:50:23 AM Ford (F) --- there's a possibility that it may have hit bottom here --- make sure to add it to your watch list.. |
| styliten 306 posts msg #159944 - Ignore styliten |
12/30/2022 12:37:42 PM Good catch!  |
| sr7 152 posts msg #160462 - Ignore sr7 |
8/1/2023 10:44:49 AM It's August 1, and Ford has been falling like a rock for the last 2 weeks. Maybe it hit bottom? |
| styliten 306 posts msg #160466 - Ignore styliten |
8/1/2023 5:56:56 PM Possible and things ought to be more cleared up in the next few days:  |
| bert123 55 posts msg #160469 - Ignore bert123 |
8/1/2023 10:49:41 PM Regarding Ford electric vehicles, the Lightning Pickup has low towing capacity and the Mustang leaves a lot to be desired in my opinion. A local dealership has the Kia and Ford franchises and I was told the Kia EV 6 is outselling the Mustang. Add to that the plethora of new EVs coming to market plus the GMC towing capabilities, maybe there's a headwind for Ford. Then again, maybe not. |
| styliten 306 posts msg #160482 - Ignore styliten |
8/4/2023 11:39:31 AM F as of 8/4/23: Rebound is tantalizing but has not happened yet:  |
| snappyfrog 733 posts msg #160492 - Ignore snappyfrog |
8/15/2023 9:28:53 PM Ford rebound? Well, not yet.  |
| miketranz 975 posts msg #160494 - Ignore miketranz |
8/16/2023 12:21:09 PM I like it @11.50 |
| styliten 306 posts msg #160499 - Ignore styliten |
8/17/2023 6:10:59 PM It's hard to explain the huge runup between June and first half of July. What has changed fundamentally since then? 
The fallout is just as quick and just as deep. |
| xarlor 590 posts msg #160500 - Ignore xarlor |
8/17/2023 9:06:56 PM July 17 Ford announced it was slashing the price of its EV truck. The market saw that as a sign that all the millions pumped into EV wasn't paying off fast enough. In fact, inventories are outpacing demand. There are 3x as many EVs sitting on lots compared to a year ago. Then came earnings on July 27. During it, the company said it expects to lose $4.5B this year on its electric line since they are closing factories for upgrades. So it keeps marching down. Currently, $11 is the lowest price target of the most pessimistic Wall Street analysts, while the average amongst all is $15.44. With the 52-week low sitting at $10.90, I would definitely look for a bounce if it hits $11. |
| StockFetcher Forums · Stock Picks and Trading · Ford is bottoming | << 1 2 >>Post Follow-up |