Picking up some cheap stocks

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Submitted by moneymaker on December 15, 2018 - 6:35am

Bought some Ford stock today. Even though I don't necessarily agree with the companies directions/actions I couldn't pass up buying it at 8% below book value with them paying a 7% dividend. I think they usually add a bonus dividend too in January. Watch out though as there are still a lot of dog stocks out there i.e. GE,Tesla,HLF,NVIDIA. I have been tempted to buy each of those stocks at one time or another.

Submitted by spdrun on December 15, 2018 - 9:02am.

May F go down to 0.99, 2008-style. THEN it will be really cheap. Ford can stick their SUVs and trucks where the sun don't shine.

Submitted by moneymaker on December 16, 2018 - 5:51am.

I think the lowest its ever been is $2. Doubt it will ever go below $5.

Submitted by spdrun on December 16, 2018 - 6:52am.

FoRD bottomed at 1.06 in Nov 2008, I think it was actually below 1.00 in intra-day trading.

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