At 10:48 AM EST today I sold all my shares of Ford for $12.25, booking an 11% gain in less than 6 months. I had bought 1/4 of my target position in Ford on 9/6/2012 at 10 per share, I added another 1/4 of my target on 10/26/2011 at 12. I decided to sell after … [Read more…]
Just before the open of today’s market and just after its earnings release, I bought another 1/4 of my target position in Ford Motor. This puts my average cost at $11. Bought F $12 at 9:23:08 today. Ford quarterly earnings decline 7:21a ET October 26, 2011 (MarketWatch) WASHINGTON (MarketWatch) — Ford Motor Co. said Wednesday … [Read more…]
I recently posted: Bottom Fishing for Ford at $10 It took an hour and 38 minutes for Ford to drop 3.8% to my strike price of $10. Ford looks like a good buy at these prices so I’m opening my first position with 25% of my target purchased. I’m not a car stock buyer, and … [Read more…]
I’m a bit light in consumer discretionary sector, Ford looks like a worthwhile candidate. So I hope to open a position in Ford Motor Co -(F:NYSE) to help increase my holding in that sector. If the market continues to drop, there is a good chance I can pick up Ford at a great price.