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Monday, April 7, 2008
Sunday, April 6, 2008
Ford a good Buy?!
Does anybody think Ford (F) a good buy? According to Barron it is:
http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSN0640820420080406
I have been observing this stock since it was below 6$. Even now its not a bad price 6.49$. One good news and there is a lot of room for a spike.. My optimism is also based on their new models esp. Lincoln models and Ford Edge getting positive response.
I believe there is at least 50% annualized increase potential if management seems to meet its expectation of returning to profitibality by 2009.
http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSN0640820420080406
I have been observing this stock since it was below 6$. Even now its not a bad price 6.49$. One good news and there is a lot of room for a spike.. My optimism is also based on their new models esp. Lincoln models and Ford Edge getting positive response.
I believe there is at least 50% annualized increase potential if management seems to meet its expectation of returning to profitibality by 2009.
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