“At some point, Ford’s stupid decisions will cause its stock price to crash. As of today, it’s $10.31 per share. I’m watching Ford, and I believe I’ll be a buyer if it drops to $5 per share.
Comments, anyone?”
Ford is printing money. EPS of 7 and paying a 6% dividend. No way it is going to 5.
You’re probably right. And that’s why I’ll never be rich. I place buy orders at ridiculously low prices. Then those orders expire because those low prices are never reached.
No matter. I just pop in a ‘Three Stooges’ DVD. Then I forget all about my market failures.